H.C. Wainwright analyst Sameer Joshi initiated coverage of Terra Innovatum (NKLR) with a Buy rating and $25 price target Terra is an advanced nuclear technology company focused on deployment of next-generation nuclear reactors, the analyst tells investors in a research note. The firm believes the company’s use of off-the-shelf components with established supply chains should “significantly reduce” the regulatory and technological barriers typically faced by advanced nuclear reactor developers. The stock is stock is undervalued when considering Terra’s development work completed, contends H.C. Wainwright.
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