B. Riley Begins Coverage on Oklo (NYSE:OKLO)

B. Riley assumed coverage on shares of Oklo (NYSE:OKLO) in a research note issued to investors on Thursday, Marketbeat reports. The brokerage issued a buy rating and a $10.00 target price on the stock.

Several other research analysts have also issued reports on the stock. Seaport Res Ptn upgraded shares of Oklo to a hold rating in a research report on Friday, September 6th. Citigroup began coverage on shares of Oklo in a research report on Tuesday, June 4th. They set a neutral rating and a $11.00 price objective on the stock.

Oklo Trading Up 27.2 %

Oklo stock opened at $8.41 on Thursday. Oklo has a 1 year low of $5.35 and a 1 year high of $18.80. The business has a 50 day simple moving average of $7.34.

Oklo (NYSE:OKLO) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. Sell-side analysts predict that Oklo will post -0.54 earnings per share for the current year.

Oklo Company Profile

AltC Acquisition Corp. entered into a definitive agreement to enter into a business combination with Oklo Inc