RT @spacanpanman: $ASTS: 🚨 DEUTSCHE BANK UPGRADES AST SPACEMOBILE TO BUY FROM HOLD WITH $93 PRICE TARGET Upgrading to Buy We are upgrading ASTS to Buy and maintaining our $93 PT. The stock is down ~65% from its all-time high in May. We had downgraded the stock in May after the New Glenn launchpad explosion that introduced a material delay in ASTS' launch plans, combined with valuation concerns. However, we believe now is an opportune time to become more constructive given the recent stock-price weakness, a number of positive developments/catalysts that we think have gone under the radar, and spectrum value that we estimate now comprises all but $10 per share in ASTS' EV. Furthermore, we think the -10% move on Friday was misguided since the 800 MHz spectrum SpaceX will be acquiring doesn'
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