Nuscale Power is trading at $9.46, down -4.01%, after B.Riley lowered its price target to $15 from $19 while maintaining a Buy rating.
- B.Riley cited increased share count and a broader valuation reset across the nuclear-energy sector.
- Broader risk sentiment is weaker, with the Nasdaq down 0.51% as disappointing retail-sales and consumer-sentiment data weigh on growth-sensitive stocks.
- The analyst repricing appears to be the primary catalyst, with macro pressure adding to the decline.