OKLO is trading at $94.77 (+5.38%) in the early session, driven by BofA Securities upgrading the stock to Buy and raising the price target to $127 (from $111).
- The analyst optimism stems from the firm's binding 1.2-gigawatt nuclear campus agreement with Meta, announced earlier this year.
- The deal validates Oklo's small modular reactors for AI data centers and includes critical prepayments.
- This rebound occurs amid a modest broader market recovery, with the S&P 500 up 0.26% today following a tariff-driven selloff.