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Analysts’ Top Utilities Picks: Oklo Inc (OKLO), Contact Energy Limited (COENF)

Tipranks - Wed Aug 12, 6:48PM CDT

There’s a lot to be optimistic about in the Utilities sector as 2 analysts just weighed in on Oklo Inc (OKLO) and Contact Energy Limited (COENF) with bullish sentiments.

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Oklo Inc (OKLO)

William Blair analyst Jed Dorsheimer maintained a Buy rating on Oklo Inc today. The company’s shares closed last Tuesday at $47.01.

According to TipRanks.com, Dorsheimer is a 5-star analyst with an average return of 23.2% and a 48.1% success rate. Dorsheimer covers the Technology sector, focusing on stocks such as SolarEdge Technologies, Axcelis Technologies, and STMicroelectronics. ;'>

Oklo Inc has an analyst consensus of Moderate Buy, with a price target consensus of $80.95, implying a 79.9% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $76.00 price target.

See today’s best-performing stocks on TipRanks >>

Contact Energy Limited (COENF)

Jarden analyst Grant Swanepoel maintained a Buy rating on Contact Energy Limited today and set a price target of A$11.19. The company’s shares closed last Monday at $5.64, close to its 52-week high of $5.72.

Swanepoel has an average return of 6.3% when recommending Contact Energy Limited. ;'>

According to TipRanks.com, Swanepoel is ranked #4078 out of 12467 analysts.

Contact Energy Limited has an analyst consensus of Moderate Buy, with a price target consensus of $7.90.

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