RBC Capital Reiterates Outperform on Cameco, Maintains C$70 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Andrew Wong has reiterated an Outperform rating on Cameco (TSX:CCO), also known as CCJ in the US, with a maintained price target of C$70.
February 09, 2024 | 3:14 pm
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RBC Capital maintains an Outperform rating on Cameco, with a price target of C$70, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a major analyst firm like RBC Capital, along with a significant price target of C$70, suggests a strong bullish sentiment towards Cameco. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100