Canaccord Genuity Maintains Buy on Cameco, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Katie Lachapelle maintains a Buy rating on Cameco (NYSE:CCJ) and raises the price target from C$49.5 to C$56.
September 05, 2023 | 3:23 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a Buy rating on Cameco and raises the price target to C$56, which could lead to a positive impact on the stock.
The raised price target by Canaccord Genuity indicates a positive outlook for Cameco. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100