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
€92.45
2.060%
With 30 Buy predictions and 1 Sell predictions Cameco Corp. is one of the favorites of our community.
However, we have a potential of -6.98% for Cameco Corp. as the target price of 86 € is below the current price of 92.45 €.
