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
€72.31
-2.690%
The stock is one of the favorites of our community with 30 Buy predictions and 1 Sell predictions.
With a target price of 86 € there is a slightly positive potential of 18.93% for Cameco Corp. compared to the current price of 72.31 €.
