Cameco Stock news
On July 17, 2026, Bank of America (BofA) adjusted its financial outlook for Cameco Corporation (FRA: CJ6), lowering the stock's price target to $140.00 from $143.00. The revision follows a period of technical weakness where the stock entered oversold territory, with the Relative Strength Index (RSI) falling below 30. Despite the target reduction, analysts highlighted the company's strategic positioning as a primary beneficiary of the long--term demand for carbon--free energy, particularly as global data center expansions for artificial intelligence significantly increase future power requirements.