On October 17, 2024, Craig-Hallum raised its price target for NuScale Power by $5. This adjustment reflects an updated positive assessment of the company's financial prospects and market position.
The revised price target from Craig-Hallum signals continued confidence in NuScale's ability to capitalize on the growing demand for small modular reactor technology. Such analyst upgrades can often serve as a catalyst for investor interest.
This move by Craig-Hallum reinforces the firm's earlier 'Buy' recommendation, suggesting a sustained belief in NuScale's long-term growth trajectory and its role in the clean energy transition.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.