The Globe and Mail reports in its Wednesday, Aug. 5, edition that National Bank Financial analyst Mohamed Sidibe has reaffirmed his "outperform" recommendation for Cameco. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sidibe boosted his share target to $184 from $180. Analysts on average target the shares at $176.63. Mr. Sidibe says in a note: "We are updating our model to reflect Cameco's Q2/26 financial results reported before market on July 31. We also highlight in the back of our notes key highlights from the conference call which focused on Westinghouse's AP1000 opportunity, the proposed Westinghouse IPO, uranium contracting momentum and cost guidance. Cameco's 2026 outlook was mostly reiterated, with the realized pricing and cost of sales outlooks increased on the back of higher FX, which we now reflect." The Globe reported on Nov. 7 and Feb. 6 that Mr. Sidibe continued to rate Cameco "outperform." The shares could then be had for $127.47 and $155.18. The Globe reported on Aug. 3 that CIBC Asset Management portfolio manager Craig Jerusalim recommended buying Cameco. Mr. Jerusalim said he was buying more Cameco shares, which could then be had $120.98.
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