Oklo price target raised to $150 from $80 at Wedbush

Wedbush raised the firm’s price target on Oklo (OKLO) to $150 from $80 and keeps an Outperform rating on the shares. The firm cites confidence in Oklo’s nuclear growth strategy following meetings in Washington D.C. for the target increase. The Trump administration’s executive order is “just the start” of the nuclear focus for energy in the U.S. over the coming year and Oklo is “leading the sector,” the analyst tells investors in a research note. Nuclear energy in the U.S. is now underway and Oklo is positioned “very well for this wave of spending/growth/ regulatory approval,” contends Wedbush.