Scotiabank Maintains Sector Outperform on AST SpaceMobile, Raises Price Target to $12.9
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Andres Coello maintains a Sector Outperform rating on AST SpaceMobile (NASDAQ:ASTS) and raises the price target from $7.4 to $12.9.

May 30, 2024 | 9:02 pm
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Scotiabank analyst Andres Coello maintains a Sector Outperform rating on AST SpaceMobile and raises the price target from $7.4 to $12.9.
The raised price target from $7.4 to $12.9 and the maintained Sector Outperform rating by Scotiabank are positive signals for investors, likely leading to a short-term increase in ASTS stock price.
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