NuScale Power Stock (SMR) Sinks as Questions Swirl About Its Business
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NuScale Power (SMR) shares fell about 5% after B. Riley reduced its price target by 21% due to slower project execution. The firm awaits updates on a collaborative agreement with the Tennessee Valley Authority for developing nuclear plants. B. Riley analyst Ryan Pfingst lowered the price target from $24 to $19, indicating a potential 57% upside, while maintaining a Buy rating on the stock.
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