NANO Nuclear Energy Inc (NNE) shares surged 5.05% during Friday's trading session, with the stock price climbing to close the week on a high note. This rally came after Benchmark analyst Subash Chandra reiterated a "Buy" rating on the company and set a price target of $45.
In his research report, Chandra highlighted NANO Nuclear Energy's strategic advancements and favorable market opportunities as key drivers for the bullish stance. The analyst's positive outlook seems to have fueled investor confidence, propelling the stock higher as investors sought exposure to this promising nuclear energy firm.