Citigroup Cuts Oklo (NYSE:OKLO) Price Target to $10.00

Oklo (NYSE:OKLOFree Report) had its price objective decreased by Citigroup from $11.00 to $10.00 in a research report sent to investors on Tuesday morning, Benzinga reports. Citigroup currently has a neutral rating on the stock.

Several other research analysts have also commented on the company. Seaport Res Ptn upgraded Oklo to a hold rating in a research report on Friday, September 6th. B. Riley began coverage on Oklo in a research report on Thursday, September 19th. They set a buy rating and a $10.00 price objective for the company.

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Oklo Trading Up 4.3 %

Shares of NYSE:OKLO opened at $8.58 on Tuesday. Oklo has a one year low of $5.35 and a one year high of $18.80. The company’s 50-day moving average is $7.31.

Oklo (NYSE:OKLOGet Free Report) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. On average, equities analysts forecast that Oklo will post -2.92 earnings per share for the current year.

Oklo Company Profile

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Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

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