Goldman Sachs Initiates Coverage On Cameco with Buy Rating, Announces Price Target of $55
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta initiates coverage on Cameco (NYSE:CCJ) with a Buy rating and a price target of $55.
April 01, 2024 | 4:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Goldman Sachs initiated coverage on Cameco with a Buy rating and set a price target of $55.
The initiation of coverage by a prominent investment bank like Goldman Sachs, especially with a Buy rating and a significant price target, is likely to instill confidence among investors and could lead to a short-term increase in the stock price of Cameco.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100