Wells Fargo Maintains Equal-Weight on NuScale Power, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Neil Kalton has maintained an Equal-Weight rating on NuScale Power (NYSE:SMR) and lowered the price target from $12.5 to $9.
August 17, 2023 | 12:00 pm
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Wells Fargo has maintained an Equal-Weight rating on NuScale Power and lowered the price target from $12.5 to $9.
The lowering of the price target by Wells Fargo indicates a less optimistic outlook for NuScale Power, which could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100