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RBC Capital Hikes Cameco Corp Price (CCJ) Target on Uranium and Nuclear Opportunities
RBC Capital has increased its price target for Cameco Corp (CCJ) to $60.00, maintaining an “Outperform” rating, due to growing tailwinds in the uranium and nuclear sectors. The firm anticipates strong demand and pricing for uranium, driven by increasing recognition of nuclear power’s role in energy security and decarbonization. RBC believes Cameco is well-positioned to capitalize on these trends through its substantial tier-one assets and leadership in the market.