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AST SpaceMobile downgraded to Neutral from Buy at B. Riley

B. Riley downgraded AST SpaceMobile (ASTS) to Neutral from Buy with a price target of $105, up from $95. There is sufficient time to evaluate potential drivers of additional upside in 2026 as the company launches and integrates more productive Block 2 BlueBird satellites into its direct-to-device constellation, the analyst tells investors in a research note.

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