The Globe and Mail reports in its Friday, Dec. 15, edition that CIBC World Markets analyst Bryce Adams has reaffirmed his "outperformer" recommendation for Cameco. The Globe's David Leeder writes in the Eye On Equities column that Mr. Adams gave his share target a boost to $72 from $68.50. Analysts on average target Cameco shares at $68.34. Mr. Adams says uranium is his "preferred commodity" moving forward. He says Cameco is one of his "top picks." Mr. Adams says: "We continue to expect nuclear energy, a scalable, low-carbon energy source, to be key in reducing global dependency on fossil fuels as efforts to curb climate change persist. In our view, Cameco offers investors Tier 1 assets, with premium jurisdictional exposure, a significant reserve base, and a strong balance sheet. Cameco's investor day is scheduled for December 19." He adds: "In our view, the Westinghouse transaction has elevated Cameco from a tier-one uranium producer with a strong uranium conversion business into a one-stop shop for utilities (and nations) looking for reliable nuclear fuel supply. This transaction is a step change to Cameco's outlook, and further extends its downstream uranium and nuclear capabilities."