Nano Nuclear Energy price target raised to $66 from $39 at Benchmark

Benchmark raised the firm’s price target on Nano Nuclear Energy (NNE) to $66 from $39 and keeps a Buy rating on the shares. Current industry momentum and a strengthened balance sheet have allowed Nano Nuclear to accelerate internal development, the analyst tells investors. Of note, the company was awarded its first GAIN voucher, effectively placing Nano “within the DOE known SMR developer universe, rendering future vouchers more probable,” the analyst tells investors.