Deutsche Bank upgrades AST SpaceMobile rating, maintains $93 price target
SPCX Space Exploration Technologies Corp
$163.42 +0.52%
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- 1Deutsche Bank upgraded its investment rating for AST SpaceMobile Inc from 'hold' to 'buy'.
- 2AST SpaceMobile Inc's current trading price of $53.96 rose 5.8% this morning.
- 3Analysts believe AST SpaceMobile Inc is undervalued relative to the potential of its spectrum assets.
So what's the key point?
Deutsche Bank recommended buying AST SpaceMobile Inc. They believe the stock price is low compared to the value of the company's technology.
Source Schaeffer's Research · View original ↗
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