Cameco (NYSE:CCJ) shares were down 2.2% during mid-day trading on Monday, with a significant drop in trading volume compared to its daily average. Despite this, analysts maintain a “Moderate Buy” consensus rating with a target price of $143.03. The company recently beat earnings and revenue estimates and maintains strong institutional ownership.
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Cameco (NYSE:CCJ) Shares Down 2.2% - What's Next?
Cameco (NYSE:CCJ) shares were down 2.2% during mid-day trading on Monday, with a significant drop in trading volume compared to its daily average. Despite this, analysts maintain a “Moderate Buy” consensus rating with a target price of $143.03. The company recently beat earnings and revenue estimates and maintains strong institutional ownership.