Oklo Inc. (NYSE:OKLO) saw a 6.41% increase in shares on Thursday, closing at $77.89 per share after a bullish rating and higher price target from Bank of America. The company’s “build-own-operate” model is considered advantageous, with expectations of achieving high IRR and EBITDA margins in the future.

Bank of America predicts Oklo Inc. (NYSE:OKLO) to achieve 13% unlevered IRR for its initial projects, with potential for 26% IRR in future deployments. The firm also expects the nuclear company to deliver a significant 60% in EBITDA margins, exceeding industry standards.

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Read more at Yahoo Finance: Oklo (OKLO) Gets 6.4% Boost from Bullish Rating, Higher PT