What exactly changed in the Scotiabank note on Feb 20, 2026?

Scotiabank maintained an Outperform rating on Denison Mines Corp. and raised its price target to C$6 from C$5.50 on February 20, 2026. The note updated valuation assumptions that led to a C$0.50 target increase.

How should investors interpret the DNN analyst rating?

A maintained Outperform means Scotiabank expects DNN to beat peers. Investors should treat this as analyst conviction, not a guarantee, and compare it to fundamentals and market risks.

Does the price target change immediately affect share value?

Price target moves can prompt short-term trading and sentiment shifts. The reported price change since the update was 2.89% ($0.11), but long-term value depends on company execution and uranium markets.

What does Meyka AI’s grade for DNN mean?

Meyka AI rates DNN with a grade of B. This grade reflects S&P 500 comparison, sector performance, financial growth, key metrics, and analyst consensus. It is informational, not investment advice.

Analyst Ratings

Scotiabank Maintains Outperform on Denison Mines Corp. (DNN) Feb 2026

ByHuzaifa Zahoor February 21, 2026February 21, 2026

Scotiabank maintained an Outperform on Denison Mines Corp. and raised its price target to C$6 on February 20, 2026. This DNN analyst rating action kept the firm’s bullish stance while nudging valuation expectations higher from C$5.50. The move follows ongoing sector interest in uranium assets and reactor demand forecasts. Meyka AI’s real-time platform flagged the update immediately and captured a 2.89% reported price change since the announcement.