Intuitive Machines shares are trading lower after Roth MKM maintained a Buy rating on the stock but lowered its price target from $20 to $12.
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines' shares are trading lower following Roth MKM's decision to maintain a Buy rating on the stock but lower its price target from $20 to $12.
August 16, 2023 | 6:59 pm
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Intuitive Machines, traded under the symbol LUNR, is experiencing a drop in share price following Roth MKM's decision to lower its price target.
Roth MKM, a significant market analyst, has lowered its price target for Intuitive Machines from $20 to $12. This action indicates a less optimistic outlook for the company's stock, which can lead to a decrease in its share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100