Canaccord Genuity Maintains Buy on NuScale Power, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst George Gianarikas maintains a Buy rating on NuScale Power (NYSE:SMR) and raises the price target from $4.25 to $8.
March 18, 2024 | 12:25 pm
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Canaccord Genuity analyst George Gianarikas maintains a Buy rating on NuScale Power and raises the price target from $4.25 to $8.
The upgrade in price target by a reputable analyst suggests a strong confidence in NuScale Power's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100