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Fly News Breaks for June 29, 2017
CCJ
Jun 29, 2017 | 08:35 EDT
RBC Capital analyst Andrew Wong started coverage of Cameco with a $16 price target and an Outperform rating. The analyst thinks that the company is poised to benefit from a long-term recovery in uranium prices. He thinks that the company's "operational efficiencies" will support its dividends and enable its free cash flow to grow in the near-term.
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