** Shares of nuclear technology firm Oklo OKLO.N down 9.6% at $27.94
** Oklo said on Tuesday it was in actively engaging with Nuclear Regulatory Commission through pre-application readiness assessment for its combined license application
** Citigroup cuts PT to $30 from $31
** Brokerage says, "While deployment is on-track, larger NT cash requirements and increased likelihood of outside capital before the first reactor commissioning will likely weigh on the
stock"
** New PT represents 2.9% downside to stock's last close
** 5 of 7 brokerages rate stock "buy" or higher, 2 "hold"; their median PT is $44.50
** Including session's move, shares up 31.7% YTD
(Reporting by Tanay Dhumal in Bengaluru)
((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal))
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