Goldman Sachs Starts Cameco Corporation (CCJ) at Buy

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Goldman Sachs Starts Cameco Corp. (CCO:CN) (CCJ) at Buy

April 1, 2024 4:27 AM EDT

Goldman Sachs analyst Neil Mehta initiates coverage on Cameco Corp. (CCO:CN) (NYSE: CCJ) with a Buy rating and a price target of Cdn$74.00.

The analyst comments "We are initiating coverage on CCJ/CCO.TO with a Buy rating and US$55/C$74 price targets, implying ~30% upside from current levels. Cameco Corporation (CCJ, Market Cap of US$18 bn) is one of the worlds largest nuclear fuel suppliers, with operations in... More