B. Riley raised the firm’s price target on Oklo (OKLO) to $129 from $58 and keeps a Buy rating on the shares. Oklo highlighted progress with the DOE’s new authorization pathway, including rapid Nuclear Safety Design Agreement approval for its Aurora Fuel Fabrication Facility, which is expected to accelerate reactor deployment and aid future NRC licensing, the analyst tells investors in a research note.
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Read More on OKLO:
- Hold Rating for Oklo Inc: Balancing Regulatory Challenges and Future Prospects
- Hold Rating for Oklo Inc: Strategic Pivot and Financial Stability Amid Delayed Commercialization and Investor Concerns
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- Oklo price target lowered to $111 from $117 at BofA
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