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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.

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Source Fool.com

Cameco Corp. Stock

€98.98
0.630%
Cameco Corp. gained 0.630% compared to yesterday.
The stock is one of the favorites of our community with 29 Buy predictions and 1 Sell predictions.
With a target price of 119 € there is a positive potential of 20.23% for Cameco Corp. compared to the current price of 98.98 €.
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