Intuitive Machines shares are trading higher after B. Riley Securities raised its price target on the stock from $8 to $12.
Portfolio Pulse from Benzinga Newsdesk
Intuitive Machines shares rose after B. Riley Securities increased its price target from $8 to $12.
September 19, 2024 | 7:38 pm
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Intuitive Machines (LUNR) shares are trading higher following a price target increase by B. Riley Securities from $8 to $12.
The increase in the price target by a reputable firm like B. Riley Securities is likely to boost investor confidence, leading to a rise in LUNR's stock price. The significant increase from $8 to $12 suggests strong positive expectations for the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100