Roth MKM raised the firm’s price target on Intuitive Machines (LUNR) to $20 from $15 and keeps a Buy rating on the shares after hosting its management team at the recent Roth Technology conference. The company can support steady revenue growth across multiple programs and looks to be on schedule for its second planned moon launch in the next few months, the analyst tells investors in a research note.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LUNR:
- Intuitive Machines, John Hopkins University APL enter Cooperation Agreement
- Intuitive Machines (LUNR) Shoots for the Stars
- Largest borrow rate increases among liquid names
- Wall Street Is Pounding the Table On Intuitive Machines (NASDAQ:LUNR) Stock
- Intuitive Machines price target raised to $15 from $10 at Roth MKM
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
