Deep Fission (NASDAQ:FISN) Upgraded by Wall Street Zen to “Hold” Rating

Wall Street Zen upgraded shares of Deep Fission (NASDAQ:FISN) from a sell rating to a hold rating in a research note published on Saturday,Wall Street Zen reports.

FISN has been the topic of a number of other research reports. Maxim Group began coverage on shares of Deep Fission in a research report on Monday, August 31st. They set a “buy” rating and a $17.00 price objective on the stock. Benchmark began coverage on shares of Deep Fission in a research report on Monday, July 13th. They issued a “buy” rating and a $20.00 target price for the company. UBS Group set a $18.00 target price on shares of Deep Fission in a research note on Wednesday, July 15th. Zacks Research raised Deep Fission to a “hold” rating in a report on Wednesday, August 5th. Finally, Seaport Research Partners initiated coverage on Deep Fission in a research note on Tuesday, August 4th. They issued a “buy” rating and a $25.00 price target on the stock. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.25.

Deep Fission Stock Up 6.1%

Shares of NASDAQ:FISN opened at $7.16 on Friday. The stock has a 50-day simple moving average of $8.83. Deep Fission has a fifty-two week low of $6.10 and a fifty-two week high of $19.00.

Deep Fission (NASDAQ:FISN) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.56) earnings per share (EPS) for the quarter. Sell-side analysts forecast that Deep Fission will post -1.66 earnings per share for the current year.

Hedge Funds Weigh In On Deep Fission

Several institutional investors have recently made changes to their positions in FISN. Chapin Davis Inc. purchased a new position in shares of Deep Fission in the second quarter worth approximately $210,000. Elevation Wealth Management LLC bought a new position in Deep Fission in the second quarter worth approximately $3,294,000. Finally, Blue Owl Capital Holdings LP bought a new position in Deep Fission in the second quarter worth approximately $14,720,000.

Deep Fission Company Profile

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.