Roth Capital analyst Scott Searle raised the firm’s price target on AST SpaceMobile (ASTS) to $108 from $82.50 and keeps a Buy rating on the shares. The firm upped the company’s estimates through 2030 to saying anticipated launches have AST’s constellation on track for late 2026 commercialization. The company’s 2027 sales are expected to approach $1B, supported by increasing mobile network operator activity and government opportunities, the analyst tells investors in a research note.
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