Truist Financial Lowers Oklo (NYSE:OKLO) Price Target to $51.00

Truist Financial has reduced its price target for Oklo (NYSE:OKLO) to $51.00 from $55.00, maintaining a "hold" rating despite the company's recent earnings beat on revenue but a miss on adjusted loss per share. Analysts express concerns about Oklo's cash consumption, capital needs, and execution risk, compounded by significant insider selling. Despite these concerns, the broader analyst consensus remains a "Moderate Buy" with an average target price of $85.03.