AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut
NEW YORK, Jan 9, 2026, 14:40 (EST) — Regular session AST SpaceMobile shares rose 8.6% to $98.34 in Friday afternoon trading after Bank of America raised its price target on the space-based broadband company to $100 from $85 and kept a Neutral rating. (TipRanks) The rebound follows a sharp pullback earlier this week, a reminder of how fast sentiment can swing on the stock. Scotiabank analyst Andres Coello cut AST SpaceMobile to Sector Underperform — roughly a sell — and put a $45.60 price target on it, saying the valuation had climbed to “irrational levels” even though the company has