Oklo Sinks 4% as Truist Slashes Price Target 39% to $31 Ahead of Q3 Earnings

Key TakeawaysOklo shares fell 4% today after Truist cut its price target to $31 from $51 and kept its Hold rating ahead of third-quarter results. Truist is the fourth firm in four days to cut its Oklo target, after Piper Sandler, Barclays and Citi, and none of the four changed its rating.