Wedbush raises Oklo PT on federal support, AI energy demand
** Wedbush raises price target for Sam Altman-backed nuclear technology firm Oklo OKLO.N to $80 from $75
** New PT represents an upside of 11.3% to the stocks' last close on Monday
** Brokerage says recent U.S. initiatives offer strong support for nuclear, accelerating OKLO's timeline via funding and streamlined regulation
** "The Trump Administration continues to go all in on AI which will significantly increase the need for computing power which is expected to skyrocket over the next 5-10 years" - Wedbush
** It adds the AI data center growth is driving clean energy demand, OKLO's build-own-operate model offer recurring revenue and a strong edge in the energy market
** Brokerage H.C. Wainwright also raises PT to $90 from $55
** Nine out of 13 brokerages rate stock "buy" or higher, 3 "hold" and 1 "sell"; with a median PT of $69.50, according to data compiled by LSEG
** As of last close, OKLO shares up nearly 239% YTD
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