Analysts at HC Wainwright assumed coverage on shares of Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) in a research note issued on Wednesday, Briefing.com reports. The brokerage set a “buy” rating and a $50.00 price target on the stock. HC Wainwright’s price target would suggest a potential upside of 139.23% from the company’s current price.
Separately, Benchmark reaffirmed a “buy” rating and issued a $39.00 target price on shares of Nano Nuclear Energy in a research report on Monday, July 15th.
Check Out Our Latest Stock Report on Nano Nuclear Energy
Nano Nuclear Energy Stock Performance
Nano Nuclear Energy (NASDAQ:NNE – Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter.
Institutional Trading of Nano Nuclear Energy
A hedge fund recently bought a new stake in Nano Nuclear Energy stock. Commonwealth Equity Services LLC acquired a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,665 shares of the company’s stock, valued at approximately $250,000.
About Nano Nuclear Energy
NANO Nuclear Energy Inc operates as a microreactor technology company. The company is developing ZEUS, a solid-core battery reactor, and ODIN, a low-pressure coolant reactor. It is also developing a high-assay low-enriched uranium fabrication facility to supply fuel to the nuclear reactor industry and fuel transportation and nuclear consultation businesses.
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