LUNR Crosses Above Average Analyst Target
December 27, 2024 at 09:03 AM EST
In recent trading, shares of Intuitive Machines Inc (LUNR) have crossed above the average analyst 12-month target price of $16.70, changing hands for $19.07/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
