UBS Maintains Buy on AST SpaceMobile, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Christopher Schoell maintains a Buy rating on AST SpaceMobile (NASDAQ:ASTS) and raises the price target from $13 to $30.
August 15, 2024 | 1:06 pm
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UBS analyst Christopher Schoell maintains a Buy rating on AST SpaceMobile and significantly raises the price target from $13 to $30.
The significant increase in the price target from $13 to $30 by a reputable analyst at UBS is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100