Deutsche Bank upgrades AST SpaceMobile to Buy, maintains $93 price target
ASTS AST SpaceMobile Inc
$50.97 -10.48%
View chart & analysis → 
- 1Deutsche Bank upgraded AST SpaceMobile from Hold to Buy and maintained its price target of $93.
- 2AST SpaceMobile shares are currently down approximately 65% from their all-time high in May.
- 3SpaceX announced on October 8 that it is acquiring 14MHz of the 800MHz spectrum from Grain Management.
So what's the key point?
Deutsche Bank recommended buying AST SpaceMobile and expects the stock to reach $93. Since the share price has dropped significantly from its previous levels, it could be an opportunity for investors.
Source Investing.com +3 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.