BofA Reinstates Oklo (NYSE: OKLO) With Buy Rating And $80 Price Target, Citing SMR Market Leadership

BofA Reinstates Oklo (NYSE: OKLO) With Buy Rating And $80 Price Target, Citing SMR Market Leadership

Backed by OpenAI’s Sam Altman, Oklo Inc. (NYSE: OKLO) develops advanced fission power plants to provide clean, reliable, and affordable energy at scale to customers in the United States. On May 22, BofA analyst Rinny Singh reinstated coverage of Oklo with a “Buy” rating and a price target of $80, indicating an upside of over 17% from current levels. The analyst firm believes Oklo’s differentiated, vertically integrated “build-own-operate” model …