Bullboard - Stock Discussion Forum Cameco Ord Shs T.CCO

Alternate Symbol(s): CCJ

Energy

Cameco Corporation is engaged in providing uranium fuel to generate clean, reliable baseload electricity around the globe. The Company also offers nuclear fuel processing services, refinery services and manufactures fuel assemblies and reactor components. Its segments include uranium, fuel services and Westinghouse. The uranium segment is involved in the exploration for, mining, milling... see more

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Cameco Ord Shs > CIBC Raise Target

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Post by retiredcf on Dec 14, 2023 9:35am

CIBC Raise Target

CIBC’s Bryce Adams raised his Cameco Corp. target to $72 from $68.50 with an “outperformer” rating. The average is $68.34.

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Comment by retiredcf on Dec 14, 2023 9:50am

Updating his price deck assumptions, CIBC World Markets analyst Bryce Adams said uranium is his “preferred commodity” moving forward. “We continue to expect nuclear energy, a scalable, low-carbon energy source, to be key in reducing global dependency on fossil fuels as efforts to curb climate change persist,” he said.. In our view, Cameco offers investors Tier 1 assets, with premium ...more

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Cameco Ord Shs