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Oklo price target raised to $129 from $58 at B. Riley

B. Riley raised the firm’s price target on Oklo (OKLO) to $129 from $58 and keeps a Buy rating on the shares. Oklo highlighted progress with the DOE’s new authorization pathway, including rapid Nuclear Safety Design Agreement approval for its Aurora Fuel Fabrication Facility, which is expected to accelerate reactor deployment and aid future NRC licensing, the analyst tells investors in a research note.

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