Citigroup keeps NuScale Power at Sell, cuts target to $3.50
Citigroup kept its Sell rating on NuScale Power and cut its price target to $3.50 from $4. The target implies 31.1% downside from the Nov 6 close of $5.08.
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what happened
Citigroup kept its Sell rating on NuScale Power and lowered its price target to $3.50 from $4, a 12.5% cut. According to TradingView, the new target implies a 31.1% decline from the Nov 6 close, when the shares ended at $5.08.
Other brokers have also updated their views recently. Canaccord Genuity maintained a Buy rating with an $11 target, RBC Capital kept Sector Perform at $5, and Cantor Fitzgerald held Overweight at $15. Wedbush initiated coverage with Underperform and a $5 target on Nov 3, while B. Riley Securities kept Buy at $10 on Oct 28.
In the five latest notes over the past 30 days, targets span from $5 to $15.
why it matters
The wide spread of estimates shows that analysts hold very different views on NuScale's prospects in small modular reactors. A single target cut by one bank rarely changes the broader picture for the market, but it signals that skepticism about the stock persists.
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instruments
sources
- Citigroup maintains NuScale Power at Sell, lowers price target to $3.50 from $4 — TradingView, 6 November 2026 at 22:22 UTC
- NuScale Power Price Target Cut to $3.50/Share From $4.00 by Citigroup — Dow Jones Newswires, 6 November 2026 at 22:33 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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