Group 1 - Intuitive Machines Inc. (NASDAQ:LUNR) experienced a 2.95% increase in stock price, closing at $15.70, following a 47% price target upgrade from Clear Street [1][4] - Clear Street raised its price target for Intuitive Machines from $17 to $25 while maintaining a "buy" recommendation, reflecting optimism about the company's acquisition of Lanteris Space Systems [1][2] - B. Riley also provided bullish coverage, increasing its price target for Intuitive Machines from $14 to $20, alongside a "buy" recommendation [3] Group 2 - The acquisition of Lanteris Space Systems is expected to position Intuitive Machines as a next-generation space prime, with potential access to multi-billion-dollar space programs, particularly in light of U.S. lunar exploration initiatives [2] - The stock upgrade is partly attributed to President Trump's executive order aimed at enhancing U.S. space exploration capabilities [4]
Intuitive Machines (LUNR) Jumps on 47% Price Target Hike