Intuitive Machines (LUNR) Stock News Today: KeyBanc Starts Coverage With a $20 Target as Space Policy Spotlight Returns
Intuitive Machines shares jumped about 8% to $11.70 in early pre-market trading December 19 after KeyBanc initiated coverage with an Overweight rating and a $20 price target. The move follows a recent pullback and comes as a new White House space policy order boosts sector attention. KeyBanc cited Intuitive Machines’ near-term contract potential and a pro-forma backlog nearing $1 billion.