BofA Reinstates Coverage of NuScale Power with Neutral Rating
Bank of America (BAC) has reinstated coverage on NuScale Power Corporation (NYSE:SMR), assigning it a 'Neutral' rating and a $12 price target. The analyst highlighted the company's regulatory advantages but noted delays in revenue generation from reactor operations until the early 2030s.
Tickers: $SMR
Topics: analyst rating nuclear energy NuScale Power SMR technology