“`html
Denison Mines Corp (Symbol: DNN) has surpassed the average analyst 12-month target price of $2.81, trading at $2.82 per share. This development prompts analysts to consider either downgrading on valuation or adjusting the target price higher, depending on the company’s fundamentals.
Within the Zacks coverage universe, there are 11 analyst targets for Denison Mines, ranging from a low of $2.26 to a high of $3.07, with a standard deviation of $0.259. Currently, the analyst ratings breakdown shows 7 strong buy ratings, 4 buy ratings, and 1 hold rating.
The average rating for DNN is 1.5, indicating a strong buy, based on a scale where 1 is strong buy and 5 is strong sell.
“`
