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Benzinga
Benzinga
Business
Henry Khederian

Intuitive Machines (LUNR) Stock Is Surging: What's Driving The Action?

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Shares of Intuitive Machines Inc (NASDAQ:LUNR) are soaring higher Wednesday morning, continuing a 33% monthly rally and bucking bearish analyst sentiment.

The surge comes despite a recent price target cut from BofA Securities, which lowered its outlook from $16 to $10.50 while maintaining an Underperform rating.

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