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Rocket Lab and Firefly Get Upgrades. Why the Space Selloff Was ‘Unwarranted.’
Barrons.com58d agoneutral
Rocket Lab and Firefly Get Upgrades. Why the Space Selloff Was ‘Unwarranted.’

Shares of Rocket Lab and Firefly Aerospace advanced before the opening bell on Monday after the space stocks received upgrades following the sharp sector selloff late last week on Elon Musk’s SpaceX initial public offering debut. KeyBanc Capital Markets analysts Michael Leshok and Liam Baker on Sunday upgraded both Rocket Lab and Firefly to Overweight from their previous Sector Weight, setting price targets of $135 and $50, respectively for the space stocks. “Last Friday’s record-setting SpaceX IPO sent ripple effects across our coverage of space-centric equities, with the sector selling off sharply on IPO day and over the weeks leading up to it,” Leshok and Baker wrote.

Canaccord Just Hiked Intuitive Machines Price Target to $41: NASA Moon Base, Golden Dome Power Bull Case
24/7 Wall St.89d agoneutral
Canaccord Just Hiked Intuitive Machines Price Target to $41: NASA Moon Base, Golden Dome Power Bull Case

A major analyst just made the bull case for Intuitive Machines (NASDAQ:LUNR). On May 15, Canaccord raised its price target on LUNR to $41 from $24 while keeping a Buy rating. The firm cited a bottom-line inflection in the latest quarter and two government catalysts: NASA’s lunar “moon base” initiative (Andromeda) and the Golden Dome ... Canaccord Just Hiked Intuitive Machines Price Target to $41: NASA Moon Base, Golden Dome Power Bull Case

KeyBanc Raises Intuitive Machines Price Target to $27: Is the Lunar Economy Finally Liftoff-Ready?
24/7 Wall St.105d agoneutral
KeyBanc Raises Intuitive Machines Price Target to $27: Is the Lunar Economy Finally Liftoff-Ready?

KeyBanc has lifted its price target on Intuitive Machines (NASDAQ:LUNR) stock to $27 from $26, while reiterating an Overweight rating. Analyst Michael Leshock points to accelerating demand for lunar initiatives led by the National Aeronautics and Space Administration (NASA) as the catalyst behind the bump. The price target raised by KeyBanc lands as Intuitive Machines ... KeyBanc Raises Intuitive Machines Price Target to $27: Is the Lunar Economy Finally Liftoff-Ready?