What are the short-term and long-term price targets set by analysts for ASTS?

The short-term and long-term price targets for ASTS (AST SpaceMobile) have been set at $47.45 and $51.47, respectively, by analysts at B. Riley. Here’s an analysis of these targets: 1. **Short-Term Price Target**: - The current price of ASTS is $45.71. - Analysts at B. Riley have set a short-term price target of $47.45, which is a modest upside from the current price. - This target suggests that analysts expect the stock to experience some appreciation in the near term, potentially driven by market sentiment and company-specific developments. 2. **Long-Term Price Target**: - The long-term price target of $51.47 represents a more significant upside from the current price. - This target may reflect analysts' expectations of growth driven by the company's business development, industry trends, and potential market expansion. - It is important to note that this target is longer-term and may not be indicative of immediate future performance. In conclusion, analysts have set a short-term price target of $47.45, suggesting a modest upside from the current price, and a long-term price target of $51.47, indicating potential growth driven by various factors. These targets should be considered in the context of the company's performance, market conditions, and industry trends.