** 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))