AST SpaceMobile stock jumps 11% as BofA lifts target to $100, easing analyst-whiplash week
AST SpaceMobile shares jumped 11% to $100.66 Friday after Bank of America raised its price target to $100. Scotiabank cut the stock to underperform with a $45.60 target, citing execution risks and high spending. The stock had dropped 12% Wednesday after the bearish call. Traders await AST’s next results, set for March 2.