NuScale Power Corp. (SMR) saw its shares surge 5.28% during Friday's trading session, with the stock closing at a new high for the week. The soaring movement came as analysts at Craig-Hallum reiterated their Buy rating on the innovative nuclear energy company.

Craig-Hallum analyst Eric Stine maintained his bullish stance on NuScale Power, citing the company's promising outlook and potential for growth in the emerging small modular reactor (SMR) market. The positive analyst coverage signals continued confidence in NuScale's ability to capitalize on the increasing global demand for clean and reliable energy solutions.

With its groundbreaking SMR technology and strong industry partnerships, NuScale Power is well-positioned to lead the way in the next generation of advanced nuclear power plants. As concerns over climate change and energy security intensify, the company's innovative approach to nuclear energy could play a vital role in the transition towards a more sustainable and diverse energy mix.