Oklo (NYSE:OKLO) PT Lowered to $10.00

Oklo (NYSE:OKLO) had its price objective lowered by equities researchers at Citigroup from $11.00 to $10.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup’s target price points to a potential upside of 21.51% from the stock’s current price.

Other equities research analysts have also recently issued reports about the stock. B. Riley initiated coverage on shares of Oklo in a research report on Thursday, September 19th. They issued a “buy” rating and a $10.00 price objective on the stock. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a research report on Friday, September 6th.

Oklo Trading Down 1.0 %

Shares of NYSE OKLO opened at $8.23 on Tuesday. The stock’s fifty day moving average price is $7.32. Oklo has a twelve month low of $5.35 and a twelve month high of $18.80.

Oklo (NYSE:OKLO) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. As a group, equities analysts anticipate that Oklo will post -2.92 earnings per share for the current fiscal year.

Oklo Company Profile

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.