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
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90