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Benzinga
Benzinga
Business
Wayne Duggan

Ukraine War Has Uranium Prices Soaring, Analyst Says Buy This Uranium Producer

Ukraine Cameco Russia Bank of America

Uranium prices have skyrocketed since Russia invaded Ukraine, and one analyst said Tuesday that investors can expect upward pricing pressure on uranium to persist for the foreseeable future.

The Analyst: Bank of America analyst Lawson Winder reiterated his Buy rating for integrated uranium producer Cameco Corp (NYSE:CCJ) and raised his price target from $32 to $37.

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