Craig-Hallum starts SMR ‘market leader’ Nuscale Power with a Buy

As previously reported, Craig-Hallum analyst Eric Stine initiated coverage of Nuscale Power with a Buy rating and $16 price target, stating that the firm sees small modular nuclear reactors, or SMRs, as “the next frontier” and calling out Nuscale as “a market leader in this nascent area.” The firm argues for Nuscale being “an ideal investment as small modular nuclear reactors proliferate.”