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Wajeeh Khan

Why Piper Sandler Likes AST SpaceMobile (ASTS) Stock Over Other Space Stocks

AST SpaceMobile ASTS Piper Sandler Alexander Potter Rocket Lab SpaceX Barchart SPCX

Piper Sandler analyst Alexander Potter has initiated coverage of AST SpaceMobile (ASTS) shares with an “Overweight” rating and a $100 price target, signaling potential upside of nearly 80% from their previous close.

In contrast, the investment firm assumed coverage of space industry peers SpaceX (SPCX) and Rocket Lab (RKLB) with “Neutral” ratings, signaling it prefers ASTS over SPCX and RKLB as a long-term holding.

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