Nuscale Power price target raised to $9.50 from $8 at Canaccord

Canaccord raised the firm’s price target on Nuscale Power to $9.50 from $8 and keeps a Buy rating on the shares. The firm admitted the news flow has been slow but said RoPower recently moved forward with Feed Phase 2 which was a positive, welcome development. But what the market is really waiting for, in their opinion, is the announcement of a deal with a name-brand, Western data center company.