Cameco Corporation (NYSE:CCJ) is considered one of the best NYSE stocks to buy and hold for the next decade. Raymond James raised the company’s price target to C$130 and set an Outperform rating, citing increased gold and silver price forecasts. Bernstein analyst Bob Brackett also maintained a Buy rating with a $98.00 price target.
The upward revision in Cameco’s price target reflects strong metal prices, economic and political uncertainty, and expectations of higher operating costs. The company provides uranium for electricity generation and operates through three segments: Uranium, Fuel Services, and Westinghouse.
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Read more at Yahoo Finance: Raymond James Hikes Cameco (CCJ) PT to C$130 on Strong Metal Prices, Uncertainty
