Intuitive Machines Inc. (NASDAQ:LUNR) saw a 17.24% increase in share prices last week, driven by positive outlooks from investment firms. Clear Street raised the price target to $25, citing optimism for the acquisition of Lanteris Space Systems. B. Riley also increased its price target to $20, anticipating benefits from President Trump’s executive order on space exploration.
The acquisition of Lanteris Space Systems by Intuitive Machines Inc. (NASDAQ:LUNR) is expected to create a next-generation space prime, positioning the company to capture multi-billion-dollar space programs. This move aligns with the United States’ focus on aggressive lunar exploration and national security initiatives.
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Read more at Yahoo Finance: Intuitive Machines (LUNR) Rockets 17% Higher on Upbeat Analyst Outlook
