Nov. 24 at 2:49 PM
$CCJ
Cameco price target raised to
$130 from
$115 at BofA
BofA analyst Lawson Winder raised the firm's price target on Cameco to
$130 from
$115 and keeps a Buy rating on the shares. The firm is refreshing its price forecasts for North American Metals & Mining stocks under its coverage, the analyst tells investors. The firm sees the macro backdrop as challenging due to China's slowing commodity demand but notes this may be offset by a rebound in demand in U.S. and Europe.