Canaccord starts Terra Innovatum with Buy on nuclear growth

Canaccord analyst George Gianarikas initiated coverage of Terra Innovatum (NKLR) with a Buy rating and $10 price target The firm sees the company benefitting from the “emerging, new nuclear age. Nuclear assets should grow not only in volume but as a percentage of the global energy mix, the analyst tells investors in a research note. Canaccord believes the world needs greater supplies of clean, baseload power. As such, it sees a “significant opportunity” for Terra Innovatum.