AST Spacemobile (ASTS) PT Lowered to $7.40 at Scotiabank, 'anxiety regarding delays in the launch of the five “Block 1” Blue Bird satellites'

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Go back to AST Spacemobile (ASTS) PT Lowered to $7.40 at Scotiabank, 'anxiety regarding delays in the launch of the five “Block 1” Blue Bird satellites'

AST Spacemobile (ASTS) PT Lowered to $19 at Deutsche Bank

April 2, 2024 4:06 PM EDT

Deutsche Bank analyst Bryan Kraft lowered the price target on AST Spacemobile (NASDAQ: ASTS) to $19.00 (from $23.00) while maintaining a Buy rating.

The analyst comments "We are updating our model to reflect AST's recent financing activity and commercial agreements, its latest color on... More