Why NuScale Power Stock Just Crashed
UBS warns: NuScale is starting to lose the nuclear race.
Overview
NuScale Power (NYSE: SMR) stock crashed 13.5% through 2 p.m. ET Friday. You can blame Swiss bank UBS for that.
This morning, in a note covered on StreetInsider.com, UBS analyst Jon Windham downgraded NuScale Power from neutral to sell, and slapped a $6 price target on the $8.80 stock.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.