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Cameco Slumps to 297th in Trading Volume Despite Bullish Analyst Ratings
Generated by AI AgentAinvest Volume Radar
Thursday, Jun 12, 2025 7:49 pm ET1min read
On June 12, 2025,
(CCJ) experienced a significant drop in trading volume, with a total of $294 million in shares traded, marking a 44.03% decrease from the previous day. This decline placed Cameco at the 297th position in terms of trading volume for the day. The stock price of Cameco also decreased by 0.29%.Cameco has received a series of positive ratings from various financial institutions. Glj Research reiterated a "buy" rating and set a price target of $75.27 for the company's shares. Similarly, CIBC raised its price target for Cameco to $95 from $80, maintaining an "Outperformer" rating. The Goldman Sachs Group also increased their price target for Cameco from $65.00 to $78.00, assigning a "buy" rating to the stock. Additionally, Stifel Canada reiterated its buy rating on Cameco's shares, while UBS Group also maintained a "buy" rating on the company.
These positive ratings and price target adjustments reflect the optimism surrounding Cameco's future performance. The company's recent announcements and market outlook have contributed to the bullish sentiment among analysts. With multiple institutions endorsing Cameco as a strong buy, investors are likely to take note of the potential upside in the stock.
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