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NuScale Slumps as Goldman Tightens Price Target

NuScale Slumps as Goldman Tightens Price Target

NuScale Power ( (SMR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Goldman Sachs said growing regional reactor projects and a jump in uranium prices are reshaping sentiment ahead of NuScale Power’s fourth-quarter report, pushing the shares lower. The bank trimmed its price target to $20 from $23 while keeping a Neutral stance.

More about NuScale Power

YTD Price Performance: 26.18%

Average Trading Volume: 26,511,031

Technical Sentiment Signal: Sell

Current Market Cap: $4.99B

For further insights into SMR stock on TipRanks’ Stock Analysis page.

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