Shares of Nano Nuclear Energy Inc. (NNE) are soaring 5.06% in pre-market trading on Friday, following positive analyst reports that reaffirmed bullish stances on the company. The stock's surge comes amid renewed investor confidence bolstered by maintained price targets significantly above current trading levels.

HC Wainwright & Co. has maintained its price target for Nano Nuclear Energy at $50.00 per share, signaling strong upside potential from current levels. Additionally, Benchmark Co. analyst Subash Chandra reiterated a Buy rating on the stock, setting a price target of $45.00. These optimistic outlooks from respected financial institutions are likely driving the pre-market rally.

The maintained high price targets, ranging from $45 to $50, suggest that analysts see substantial growth potential in Nano Nuclear Energy's business model and future prospects. As investors digest these positive assessments, the stock's pre-market surge indicates growing market enthusiasm for the company's long-term value proposition in the nuclear energy sector.