The Globe and Mail reports in its Wednesday, Nov. 20, edition that Scotia Capital analyst Orest Wowkodaw has reaffirmed his "sector outperform" recommendation for NexGen Energy. The Globe's David Leeder writes in the Eye On Equities column that Mr. Wowkodaw raised his share target to $12.75 from $12. Analysts on average target the shares at $13.11. Mr. Wowkodaw says in a note: "Given the recent downward move in most commodity prices due to the heightened global economic uncertainty associated with a second Trump administration, we have revisited our fundamental outlook for both copper (Cu) and uranium (U3O8). Post Q3 results, we have also reviewed Cu equities in the context of current spot prices under several key relative metrics: (1) value, (2) growth, (3) leverage and (4) capital return potential, and updated our implied Cu, Fe and U3O8 price analysis in current equity valuations. Despite the recent weakness, we note that the large/mid-cap Cu producers are currently trading at an average implied Cu price of $5.20/lb (a still lofty 28-per-cent premium to spot of only $4.06/lb)." The Globe reported on Aug. 13 that RBC analyst Andrew Wong had reaffirmed his "outperform" call for NexGen. It was then worth $7.83.