Stock Track | Intuitive Machines Soars 5.08% Intraday on Multiple Analyst Price Target Hikes

Stock Track03-20 21:35

Intuitive Machines (LUNR) shares surged 5.08% during intraday trading on Friday, reflecting strong positive momentum in the session.

The sharp rise appears driven by a series of bullish analyst actions, with several firms raising their price targets on the stock. Deutsche Bank increased its target to $22 from $18, while Cantor Fitzgerald made a more significant adjustment, lifting its target to $26 from $16 and maintaining an Overweight rating. Additionally, Canaccord Genuity raised its price target to $24 from $22.50 and reaffirmed a Buy rating.

These upward revisions signal growing analyst confidence and are likely a key catalyst for the stock's positive performance in the market.

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