Raymond James analyst Brian MacArthur raised the firm’s price target on Cameco (CCJ) to C$150 from C$130 and keeps an Outperform rating on the shares after the company, Westinghouse, Brookfield Asset Management, and the U.S. government have entered into a binding term sheet to establish a strategic partnership for nuclear reactor technologies.
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Read More on CCJ:
- Cameco price target raised to C$165 from C$150 at Stifel
- Cameco price target raised to C$150 from C$130 at Scotiabank
- Cameco price target raised to $130 from $95 at BofA
- Cameco price target raised to $109 from $95 at Goldman Sachs
- U.S. Government Signs $80 Billion Nuclear Deal with Brookfield (BAM) and Cameco