Reported 12 days ago
Canaccord Genuity has initiated coverage of Oklo Inc. (NYSE:OKLO) with a Buy rating and a price target of $175, highlighting the company's potential as a leader in the emerging nuclear energy sector. Analyst George Gianarikas emphasized the expected growth of nuclear assets in the global energy mix and the company's financial strategy, which involves financing reactor construction through debt and investment tax credits. Oklo Inc. focuses on advanced fast fission nuclear power plants that provide clean and affordable energy.
Source: YAHOO