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Oklo initiated with a Buy at Texas Capital

Texas Capital initiated coverage of Oklo (OKLO) with a Buy rating and $138 price target Oklo offers “the best vehicle to express a bullish view on advanced nuclear solutions,” argues the analyst, citing the company’s Aurora reactor and synergistic ecosystem of advanced nuclear technology including fuel reprocessing capabilities and radioisotope production. Oklo’s projected economics “can compete heads-up with other firm generation sources” and its synergistic business model “can provide additional value creation in the future,” the analyst added.

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