Oklo initiated with a Buy at H.C. Wainwright

H.C. Wainwright initiated coverage of Oklo (OKLO) with a Buy rating and $55 price target Oklo is an advanced nuclear technology company focused on fission technology and nuclear fuel recycling solutions, the analyst tells investors in a research note. The firm says the company has built a significant pipeline of approximately 14GW, with a data center developer, Switch, accounting for 12GW under a master partnership agreement that runs through 2044. It believes the market volatility offers an attractive long-term entry into the shares.