Oklo Inc.'s stock surged 5.09% during intraday trading on Friday, following a positive analyst note from Bank of America.
BofA analyst Rinny Singh reinstated coverage of Oklo with a Buy rating and an $80 price target, describing the company as a "potential early leader" in Small Modular Reactors (SMRs). The upgrade reflects growing optimism about Oklo's differentiated technology and market position in the advanced nuclear energy sector.