NuScale Power stock pops on BofA upgrade as Meta’s nuclear push puts SMR names back in play
NuScale Power Corp shares climbed 4.4% on Friday to close at $20.51, following an upgrade to neutral from underperform by Bank of America. The stock fluctuated between $19.74 and $22.49, with roughly 51 million shares changing hands. BofA lowered its price target to $28 from $34, still about 37% above Friday’s closing price, citing “near-term cash cadence and equity overhang” as factors keeping the risk/reward balanced.
