As previously reported, Deutsche Bank analyst Edison Yu upgraded Intuitive Machines (LUNR) to Buy from Hold with a price target of $18, up from $6. The firm sees an “attractive” set-up for the next three to six months, supported by “clear commercial catalysts” for what it calls a “secular winner in the space exploration market.” The stock trades at a “considerable” discount to “new space” peers Rocket Lab (RKLB) and Firefly (FLY), notes the analyst, who thinks this gap can compress should the company win some major contracts.
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