Oklo Inc: Buy Rating Driven by Revolutionary Reactor Technology and Ambitious Growth Projections
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H.C. Wainwright analyst Sameer Joshi reiterated a Buy rating for Oklo Inc, setting a $90 price target. The rating is driven by Oklo's advancements in plutonium-fueled reactor technology and milestones in the Department of Energy's Reactor Pilot Program. Oklo's ambitious growth plan includes deploying Aurora powerhouses, fabricating HALEU fuel, and commercializing radioisotopes, with revenue projections exceeding $21 billion by 2038. Seaport Global also upgraded the stock to a Buy with a $150 price target.
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