NuScale Power's stock plummeted 5.03% intraday on Friday, as the company faced negative analyst sentiment.
B. Riley Securities cut its price target on NuScale Power to $19 from $24, though it maintained a Buy rating. According to FactSet, the stock has an average rating of hold and a mean price target of $17.45.
The reduction in price target reflects lowered expectations for the company's future performance, prompting investors to sell shares.
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