
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”.