Why BofA Is Raising Its 2022 Uranium Price Forecast By 41%

  • Date: 15-Sep-2021
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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Why BofA Is Raising Its 2022 Uranium Price Forecast By 41%

Uranium stocks are the latest to grab the attention of Reddit’s WallStreetBets community, and surging uranium futures prices have prompted one Wall Street analyst to raise his triuranium octoxide price targets.

The Analyst: On Tuesday, Bank of America analyst Lawson Winder reiterated a Neutral rating on Cameco Corp (NYSE: CCJ) and raised the price target from $20 to $29.

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