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AST SpaceMobile price target lowered to $44.70 from $45.90 at Scotiabank

AST SpaceMobile price target lowered to $44.70 from $45.90 at Scotiabank

Scotiabank lowered the firm’s price target on AST SpaceMobile (ASTS) to $44.70 from $45.90 and keeps an Outperform rating on the shares. With multiple regulatory/monetization announcements ahead, the firm suggests investors to “buy on weakness” following Q3 results, the analyst tells investors.

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