Scotiabank Maintains Outperform on Cameco, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has maintained its Outperform rating on Cameco (NYSE:CCJ) but lowered the price target from C$50 to C$49.

June 28, 2023 | 6:37 pm
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Scotiabank has maintained its Outperform rating on Cameco but lowered the price target from C$50 to C$49.
Scotiabank's decision to maintain its Outperform rating on Cameco indicates a positive outlook for the company. However, the lowering of the price target may suggest a slight decrease in expected future performance. This could potentially have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100