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Benzinga
Benzinga
Business
Henry Khederian

Oklo Stock Hit A New 52-Week High Today: What's Going On?

Oklo Inc.

Shares of nuclear energy company Oklo Inc (NYSE:OKLO) are trading higher Monday afternoon, recovering off session lows. Wedbush earlier raised their outlook on the stock.

What To Know: Wedbush analyst Daniel Ives has boosted the firm’s 12-month price target on Oklo to $150 from a previous $80, while maintaining an Outperform rating. The analyst, cited “incremental confidence in the company’s nuclear growth strategy as the AI Revolution hits its next stride of growth”.

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