Wedbush Initiates Coverage on Small Modular Reactor Companies
Wedbush has launched new coverage on several key players in the small modular reactor (SMR) sector. The firm issued an Underperform rating for NuScale Power (SMR), setting a price target of $5, signaling skepticism regarding its near-term valuation or growth trajectory. In contrast, Wedbush expressed optimism for other nuclear technology firms, assigning 'Outperform' ratings to Oklo (OKLO), X-Energy (XE), and NANO Nuclear Energy (NNE). This divergence in ratings highlights a selective outlook within the growing nuclear energy market as analysts differentiate between established players and emerging innovators.
Topics: Nuclear Energy Stock Analyst Ratings