Canaccord raised the firm’s price target on Intuitive Machines (LUNR) to $26 from $17.50 and keeps a Buy rating on the shares. The firm believes we are witnessing the dawn of a transformative era inenergy investment; the beginnings of a supercycle reminiscent of the communications revolution that occurred decades ago.The strong demand for green sources of energy to power AI is unlikely to falter making clean energy investments into our grid essential.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LUNR:
- Nokia announce final integration of Nokia’s LSCS into IM-2 mission lander
- Unusually active option classes on open December 27th
- Unusually active option classes on open December 23rd
- Intuitive Machines secured additional contracts from NASA’s NSN for DTE
- Intuitive Machines (NASDAQ:LUNR) Is a High-Flying Cautious Buy
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
