Deutsche Bank Maintains Buy on AST SpaceMobile, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Kraft has maintained a Buy rating on AST SpaceMobile and significantly raised the price target from $22 to $63.
September 04, 2024 | 4:48 pm
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Deutsche Bank has reaffirmed its Buy rating on AST SpaceMobile and increased the price target from $22 to $63, indicating strong confidence in the company's future performance.
The significant increase in the price target from $22 to $63 by Deutsche Bank suggests a strong positive outlook for AST SpaceMobile. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100