Canaccord Genuity Maintains Buy on Cameco, Lowers Price Target to C$75
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Katie Lachapelle maintains a Buy rating on Cameco (TSX:CCO) but lowers the price target from C$80 to C$75.
July 30, 2024 | 3:36 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Canaccord Genuity has maintained its Buy rating on Cameco but has lowered the price target from C$80 to C$75. This indicates continued confidence in the company's prospects, albeit with a slightly reduced upside.
The maintained Buy rating suggests that the analyst still sees positive potential for Cameco, but the lowered price target indicates a tempered outlook. This could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100