Canaccord lowered the firm’s price target on Intuitive Machines (LUNR) to $21 from $22 and keeps a Buy rating on the shares. The firm said its Q4 results missed estimates but the company provided color on revenue generation from the IM-2 lunar mission as well as potential upcoming catalysts including government onctracts and backlog that will be recognized as revenue in 2025.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks