Needham Maintains Buy on AppLovin, Lowers Price Target to $475
Needham analyst Bernie McTernan maintains AppLovin (NASDAQ:APP) with a Buy and lowers the price target from $500 to $475.
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Needham analyst Bernie McTernan maintains AppLovin (NASDAQ:APP) with a Buy and lowers the price target from $500 to $475.
Read original at benzingaThe article compares two space economy companies with different business models. AST SpaceMobile is building a satellite-based cellular broadband network with major carrier partnerships, while Firefly Aerospace provides launch services and lunar landers for government and commercial customers. Both are unprofitable but show strong revenue growth. The author recommends Firefly Aerospace as the better buy due to its lower valuation (P/S ratio of 12.9x vs 149x), successful lunar landing achievement, and NASA partnership, despite both companies carrying significant execution risks.
Read original at the-motley-foolAST SpaceMobile stock fell Wednesday after SpaceX announced changes to its launch operations, raising market concerns.
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Read original at benzingahttps://www.reuters.com/business/finance/anthropic-planned-then-abandoned-7-billion-purchase-matx-sources-say-2026-08-27/
Read original at benzinga