Feb. 7 at 3:08 PM
Cameco (
$CCJ) — Price Target Raised
Raymond James lifts
$CCJ target to C
$165 and keeps Outperform rating.
Analyst Brian MacArthur notes:
Uranium prices rising & nuclear energy demand growing → tightening supply
$CCJ sold 33.6M lbs of uranium in 2024, one of the world’s largest producers
Canada-India 10-year
$2.8B uranium deal could secure long-term supply
$CCJ stands out in nuclear energy with low-cost production and high-quality reserves — positioned as a strong long-term player.