🟢 OKLO is trading 3.6% up today after Bank of America reinstates coverage with a 'Buy' rating

Oklo's stock is rising on a significant company-specific catalyst after Bank of America initiated coverage with a bullish rating.

• Bank of America has reinstated coverage of Oklo with a "Buy" rating and an $80 price target.
• The analyst cited Oklo's differentiated "build-own-operate" model and early commercial validation, including a binding power agreement with Meta (META), as reasons for the positive outlook.
• The stock's move is also supported by a favorable market backdrop, with reports of easing Treasury yields and progress in geopolitical negotiations.