From TokenPost · · 40s
Deutsche Bank Boosts AST SpaceMobile Stock Rating
Deutsche Bank upgrades AST SpaceMobile to Buy after reassessing its valuation and SpaceX spectrum risks.
In brief
Deutsche Bank upgrades AST SpaceMobile to Buy after reassessing its valuation and SpaceX spectrum risks. Deutsche Bank raised AST SpaceMobile's stock rating to Buy, citing reassessment of valuation and SpaceX spectrum risks. Originally reported by TokenPost.
Deutsche Bank Raising Rating
Deutsche Bank raised AST SpaceMobile's stock rating to Buy before Monday's U.S. session.
SpaceX Spectrum Risk Reassessed
Deutsche Bank said SpaceX's spectrum position posed a perceived threat that was misguided.
Rating Change Timing
The move happened at 7:25 a.m. ET on Oct. 12, before regular U.S. trading began.
At a glance
Deutsche Bank raised AST SpaceMobile's stock rating to Buy, citing reassessment of valuation and SpaceX spectrum risks.
