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Globe and Mail reported as uranium prices continue to flounder pushing TD Securities to downgrade Cameco (TSX:CCO,NYSE:CCJ) to a hold, not buy.
Globe and Mail reported as uranium prices continue to flounder pushing TD Securities to downgrade Cameco (TSX:CCO,NYSE:CCJ) to a hold, not buy.
As quoted in the market news:
TD Securities has taken note, and today downgraded Cameco Corp. to a “hold” from a “buy.” Analyst Greg Barnes also slashed his price target on the stock by $6 to $24.
Cameco shares have responded, falling nearly 5 per cent.
Click here to read the full Globe and Mail report.