B. Riley Securities Maintains Buy on Intuitive Machines, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Intuitive Machines and raised the price target from $8 to $12, indicating confidence in the company's future performance.
September 19, 2024 | 4:16 pm
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B. Riley Securities has increased its price target for Intuitive Machines from $8 to $12, maintaining a Buy rating. This suggests a positive outlook for the company's stock.
The increase in price target from $8 to $12 by B. Riley Securities, along with the maintained Buy rating, indicates a strong positive sentiment from the analyst. This is likely to positively influence investor perception and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100