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0.00353507060482546 -0.000328394537060325 -0.00296842905068228 -0.00547968139290801 0.00353507060482546 0.0262908802905326 0.0315451928834971 0.0463551425940592
Stock impact report

NuScale Power (SMR) Price Target Trimmed by $14 [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 that can produce up to 924 MWe of carbon-free energy. On December 22, B. Riley significantly trimmed its price target on NuScale Power Corporation (NYSE:SMR) from $38 to $24, while maintaining its ‘Buy' rating on the shares. The revised target still represents an upside potential of over 67% from the current share price. The analyst believes that investors are concerned regarding a potential dilution of the stock following the partnership milestones agreement with ENTRA1 and an increase in the authorized share count. It should be noted that earlier this month, NuScale shareholders approved an amendment raising the number of authorized shares of the company's Class A common stock to 662 million, nearly double the previous 332 million. The strategic move is aimed at enhancing NuScale's abil Show less Read more
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