CIBC Maintains Outperformer on Cameco, Raises Price Target to C$74
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Oscar Cabrera has maintained an Outperformer rating on Cameco (TSX:CCO) and raised the price target from C$72 to C$74.
April 17, 2024 | 5:50 pm
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CIBC analyst Oscar Cabrera reaffirmed an Outperformer rating on Cameco and increased the price target, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Oscar Cabrera suggests a strong confidence in Cameco's future performance. This is likely to be viewed positively by investors, potentially leading to an increase in stock price in the short term.
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RELEVANCE 90