Scotiabank Maintains Outperform on Cameco, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Orest Wowkodaw maintains an Outperform rating on Cameco (NYSE:CCJ) but lowers the price target from $81 to $80.
August 19, 2024 | 3:04 pm
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Scotiabank's analyst Orest Wowkodaw continues to rate Cameco as Outperform, indicating confidence in the company's performance, but slightly reduces the price target from $81 to $80.
The Outperform rating suggests positive expectations for Cameco, but the slight reduction in the price target may indicate minor adjustments in valuation assumptions. The impact on the stock price is likely neutral as the overall positive outlook remains unchanged.
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IMPORTANCE 70
RELEVANCE 100