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-0.000947065105688519 -0.00119894412315876 -0.00658915509702376 -0.0108086323976868 0.00772865577205956 0.00912809559312463 -0.00336510367340362 -0.0176718318657183
Stock impact report

Deutsche ups AST SpaceMobile target on higher valuation multiple [Yahoo! Finance]

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Yahoo! Finance
The firm rolled forward its share valuation given the new year and AST's EBITDA multiple to 20-times from 15. The reason for the increase in Deutsche's 2030 valuation multiple is that its new forecast exits 2030 with a 60% higher EBITDA growth rate of 40%, the analyst tells investors in a research note. The firm believes AST has the partnerships in place to be successful and scale its direct-to-device business. Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See today's best-performing stocks on TipRanks Read More on ASTS: Disclaimer & Disclosure Report an Issue AST SpaceMobile price target raised to $137 from $81 at Deutsche Bank AST SpaceMobile price target raised to $137 from $87 at Clear Street U.S. Chess Champion is Show less Read more
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