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AST SpaceMobile Stock Trades Flat Following B.Riley Price Target Cut to $65

Source: benzinga.com

Analyst InsightsTechnology & InnovationInfrastructure & Defense
AST SpaceMobile Stock Trades Flat Following B.Riley Price Target Cut to $65

AST SpaceMobile shares traded flat Friday after B. Riley downgraded the stock. The analyst acknowledged recent hardware-launch progress but cited emerging competitive threats and uncertainty around pricing, creating a more cautious outlook for the satellite-connectivity company.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

Ticker Sentiment

ASTS-0.40

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