Why Cameco Stock Popped Today
Shares of Canadian uranium mining company Cameco Corporation (NYSE: CCJ) gained 2.3% through 11:05 a.m. ET Monday after Swiss bank UBS initiated coverage of the nuclear stock. But here's the thing:
UBS didn't tell investors to buy Cameco stock. In fact, it rates Cameco stock as only "neutral."
Image source: Getty Images.
Source Fool.com
Cameco Corp. Stock
€77.95
-3.860%
With 31 Buy predictions and 1 Sell predictions Cameco Corp. is one of the favorites of our community.
As a result the target price of 86 € shows a slightly positive potential of 10.33% compared to the current price of 77.95 € for Cameco Corp..
