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-0.00102406554019455 -0.00153609831029192 0.00256016385048647 0.000512032770097184 -0.00460829493087557 -0.00486431131592434 -0.0102406554019457 -0.00870455709165395
Stock impact report

NuScale Power (SMR) Price Target Reduced by $11 [Yahoo! Finance]

NuScale Power Corporation Class A (SMR) 
Company Research Source: Yahoo! Finance
dan-meyers-xXbQIrWH2_A-unsplash NuScale Power Corporation (NYSE:SMR) provides small modular reactor technology solutions. The company's groundbreaking NuScale Power Module is a 12-module plant capable of producing up to 924 MWe of carbon-free energy. On January 20, RBC Capital significantly reduced its price target on NuScale Power Corporation (NYSE:SMR) from $32 to $21, but maintained a ‘Sector Perform' rating on the shares. The revision, which still indicates an upside of over 6% from current levels, comes as part of the firm's broader research note previewing Q4 for the American clean energy sector. While expectations of stronger demand and bookings have pushed valuations higher, the analyst remains optimistic given the strong macro backdrop. Nuclear technology is witnessing a resurgence amid the ongoing AI boom, with multiple hyperscalers signing long-term PPAs to ensure they have sufficient clean energy to power their data centers. However, RBC's Speculative Risk qualifier Show less Read more
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