Nuscale Power price target lowered to $14 from $18 at Guggenheim

Guggenheim lowered the firm’s price target on Nuscale Power to $14 from $18 and keeps a Buy rating on the shares. The firm is refreshing select estimates and price targets ahead of the release of Q3 earnings to properly reflect known and measurable year-over-year items, to adjust for seasonality, and re-mark latest commodity curves, the analyst tells investors.