UBS analyst maintains “neutral” rating on NuScale stock but lowers price target. Shares fell 6% as S&P 500 and Nasdaq rose. UBS analyst cuts NuScale’s price target from $38 to $20 due to concerns over potential cash flow issues. Meta Platforms in talks to buy energy-efficient chips from Alphabet, raising questions about AI energy demand. NuScale investors fear reduced demand for their product. Motley Fool analysts recommend 10 stocks over NuScale.
Read more at Nasdaq: Why NuScale Power Stock Sank 6% Today
