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Fervo Energy jumps as Jefferies upgrades to Buy following recent slide

Stocks & Finance
Fervo Energy jumps as Jefferies upgrades to Buy following recent slide

Geothermal Power Station

Fervo Energy (FRVO) up 5.1% in Monday's trading as Jefferies upgrades the geothermal company to Buy from Hold with a $34 price target following the stock's ~40% pullback from its May IPO highs, "with investors seemingly grouping FRVO with high-beta nuclear peers


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