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NuScale Power Corporation (NYSE: SMR) stock price surged over 8% to $21.28. Previously, Bank of America upgraded its rating from "Underperform" to "Neutral," citing that the company's risk-reward profile has become more balanced after experiencing approximately 60% correction. Although Bank of America lowered its target price from $34 to $28 due to recent cash needs and equity dilution risks, it still maintains a long-term optimistic view on the deployment of small modular reactors. The stock has gained approximately 50.46% so far this year.