AST SpaceMobile shares are trading higher after B. Riley Securities maintained a Buy rating on the stock and raised its price target from $26 to $36.
Portfolio Pulse from Benzinga Newsdesk
AST SpaceMobile shares rose after B. Riley Securities maintained a Buy rating and increased the price target from $26 to $36.
August 29, 2024 | 3:27 pm
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AST SpaceMobile shares increased following B. Riley Securities' decision to maintain a Buy rating and raise the price target from $26 to $36.
The increase in AST SpaceMobile's price target by B. Riley Securities from $26 to $36, along with the maintained Buy rating, is a strong positive signal to investors, likely leading to increased buying interest and a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100