Goldman Sachs has initiated coverage on Cameco Corporation ($CCJ) with a BUY rating and a $55 price target. The firm believes the stock offers an attractive opportunity in the nuclear fuel value chain due to rising demand and prices. Benchmark also praises the stock as a 'grand slam' for investors, while CNBC reports on Goldman's recommendation of buying the nuclear energy play for more than 25% upside. Cameco's stock has already doubled in price, with positive market sentiment and potential growth highlighted by various sources.
Goldman issued a BUY On Cameco ($CCJ). The report is attached. Have a listen to this clip with @howardlindzon and @ppearlman from last September We were buying Cameco last summer. And Energy. And we talk about how we don't like Apple. Now all of this is Consensus. See how… https://t.co/go6nCplJHO
Goldman just initiated coverage and issued a Buy on $CCJ ⚡️ Here's @ramahluwalia dropping the alpha with @howardlindzon & @ppearlman on TWF in SEPTEMBER 2023. Goldman's getting better - only 6 months late this time. https://t.co/vp9XqbauyX
5 game-changing energy & material stocks primed for growth (Part 6) https://t.co/SwPKjhubvz https://t.co/fp8A0xhblc
Goldman Sachs thinks Cameco Can #UOA has been radioactive☢️last year. $CCJ already doubled in price - you're fissionably late to the party!" Better get your radiation suit on because things are heating up in the uranium market! @jonnajarian @petenajarian Rebel's Edge🏴☠️ 1pm… https://t.co/4IP4gWYRIW
$CCJ daily ⬆️ Remains in overall bullish trend, descending channel breakout with a solid Goldman note. #uranium https://t.co/FTMJEOOvE6 https://t.co/NVdRORhhvj
Buy this nuclear energy play with more than 25% upside, Goldman says https://t.co/hKVUyIr1Pw
This unique energy stock is a 'grand slam' for investors, according to Benchmark https://t.co/S9MONvpUyA
Goldman initiates CCJ with a BUY and $55 Price target https://t.co/OeedG5tuhk
And here comes Goldman: initiates CCJ with a BUY and $55 Price target: "the shares provide investors with an attractive means to gain exposure to the entire nuclear fuel value chain in an environment where increased demand and higher prices should lead to meaningful consensus… https://t.co/XQ2XbSef81 https://t.co/OCN1dytdWF