Oklo Stock Tumbles Amid Bank of America Downgrade
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BTCCSquare news:
Shares of Oklo, a micro nuclear reactor developer, fell 5.5% after Bank of America rescinded its buy rating. The downgrade to neutral comes despite a $117 price target—$7 above current trading levels. Analysts cited "little room for error" in valuation and questioned the feasibility of Oklo's projected reactor deployment pace.
Long-term nuclear energy Optimism clashes with near-term skepticism. Most analysts don’t expect profitability for at least five years, casting doubt on the stock’s immediate prospects. The reaction underscores market sensitivity to institutional research shifts, even when price targets suggest latent upside.
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