Oklo initiated with a Buy at Tigress Financial

Tigress Financial initiated coverage of Oklo (OKLO) with a Buy rating and $130 price target which represents a potential return of 80%. Oklo is developing the sub-100 MWe Aurora Powerhouse, notes the analyst, who calls the stock a “differentiated way to play the emerging U.S. advanced-nuclear and SMR build-out” via its Aurora sodium-cooled fast reactor, High-Assay Low-Enriched Uranium-based fuel cycle, and growing ecosystem across data centers, AI, and isotopes.