SMR Stock Slides After UBS Downgrade — Analyst Flags Concerns Around Build Timeline, Lack Of Firm Customer Commitments
According to TheFly, UBS cut its price target on SMR stock to $6 from $10, implying a 41% downside potential from the previous close. UBS now assumes that only one project will start construction in 2028. The firm forecasts about $700 million of cumulative cash burn from 2026 through 2028, per TheFly. NuScale ended the … Read more