B. Riley analyst Ryan Pfingst lowered the firm’s price target on NuScale Power (SMR) to $19 from $24 and keeps a Buy rating on the shares. The firm cites a more conservative ramp as stakeholders await progress on NuScale’s agreement with the Tennessee Valley Authority for the target cut.
Claim 55% Off TipRanks
New trading tool for SMR bulls/bearsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMR:
- NuScale Power Stock (SMR) Defies ‘At the Mercy of Customers’ Warning
- Morning News Wrap-Up, 4/23/26: Today’s Biggest Stock Market Stories!
- NuScale Power Stock (SMR) Surges as Major Investor Fluor Exits Full Stake
- Fluor announces completion of 40M share NuScale sale
- NuScale Power: Strong Regulatory Position but High Execution Risk Warrants Neutral Hold Rating
