Shares of Oklo Inc (NASDAQ:OKLO) are falling Tuesday after BofA Securities downgraded its rating of the nuclear energy infrastructure company. The stock traded up slightly after the firm shared positive regulatory updates, but did not fully recover from the initial drop.
What To Know: BofA Securities revised its price target up to $117 from $92, but downgraded its rating from Buy to Neutral, citing valuation concerns, per an Investing.com report. Oklo’s stock traded as low as $111.27 on Tuesday, according to Benzinga Pro.
