UBS Maintains Buy on AST SpaceMobile, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Christopher Schoell maintains a Buy rating on AST SpaceMobile (NASDAQ:ASTS) and raises the price target from $7 to $13.
June 10, 2024 | 4:36 pm
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UBS analyst Christopher Schoell has maintained a Buy rating on AST SpaceMobile and increased the price target from $7 to $13, indicating strong confidence in the company's future performance.
The increase in the price target from $7 to $13 by a reputable analyst at UBS suggests a positive outlook for AST SpaceMobile. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100