B. Riley Securities Maintains Buy on AST SpaceMobile, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on AST SpaceMobile and increased the price target from $26 to $36, indicating confidence in the company's future performance.
August 29, 2024 | 2:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
B. Riley Securities has reaffirmed its Buy rating on AST SpaceMobile and raised the price target from $26 to $36, suggesting a positive outlook for the company's stock.
The increase in price target from $26 to $36 by B. Riley Securities, along with the maintained Buy rating, indicates a strong positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in ASTS stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100