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NuScale Power Drops 5% as UBS Cuts to Sell on Timeline and Cash Burn, Oklo Slips

Source: 247wallst.com

Analyst InsightsRenewable Energy TransitionInfrastructure & Defense
NuScale Power Drops 5% as UBS Cuts to Sell on Timeline and Cash Burn, Oklo Slips

NuScale Power shares fell 5% to $9.72 in early Friday trading after UBS downgraded the small modular reactor developer to Sell from Neutral. UBS also cut its price target to $6, implying roughly 38% downside from the reported share price.

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