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Stock impact report

Why Investors Were So Energized About Nano Nuclear Energy Today [Yahoo! Finance]

Nano Nuclear Energy Inc. - common stock (NNE) 
Company Research Source: Yahoo! Finance
Collectively, they traded the stock up by 7% on the day. That was more than sufficient to top the 0.4% rise of the benchmark S&P 500 index that trading session. The pundit in question was Texas Capital Securities' Nate Pendleton, who has tagged Nano with a buy recommendation. He set a price target of $49 per share for the nuclear stock , which is almost 40% higher than its most recent closing price. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » According to reports, Pendleton waxed bullish on Nano's flagship offering, its Kronos MMR micro-reactor. In his view, it is a very efficient product that features a high degree of safety and isn't dependent on high-assay, low-enriched uranium (HALEU) for fuel. The analyst added that the company is doing an admirable job diversifying its business, providing investors with exposure to other segments of the nuclear in Show less Read more
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