The Globe and Mail reports in its Thursday, March 13, edition that Stifel analyst Madison Tapscott believes that nuclear energy generation is set for a second renaissance. The Globe's David Leeder writes in the Eye On Equities column that Mr. Tapscott says in a note: "Our thesis is informed by a combination of factors that may be individually understood by the market but not fully appreciated as to their combined impact. These include: 1) the sustained developing-market urbanization and changing developed-market consumption trends, 2) nuclear power's unique characteristics within the global demand equation and 3) uranium's relatively limited and tightly controlled supply within a geopolitically changing environment." Mr. Tapscott rates Cameco "buy" with a $90 share target. Analysts on average target the shares at $79.55. Mr. Tapscott says: "A dominant market position in uranium production and the nuclear fuel value chain best-positions Cameco against a backdrop of rising uranium price forecasts and the benefits of opportunities amid vertical integration in the fuel services businesses through its 49-per-cent stake in the Westinghouse Electric Co. – which we view as a fundamentally undervalued part of the business."