tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cameco price target raised to C$115 from C$92 at Canaccord

Canaccord analyst Katie Lachapelle raised the firm’s price target on Cameco (CCJ) to C$115 from C$92 and keeps a Buy rating on the shares. The firm previewed its Q2 results which they expect to be inline and believe investors are likely to be focused on management’s commentary on the uranium market, given recent spot price performance and lackluster year-to-date term volumes, in addition to Westinghouse earnings and future upside for that business segment.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1