Reported 1 day ago
Canaccord Genuity has adjusted its price target for Intuitive Machines, Inc. (NASDAQ:LUNR) from $19.00 to $18.50 while maintaining a Buy rating, following a strong investor response to a recent $345 million convertible senior notes issuance. The firm plans to use the raised funds for operations and R&D, ultimately improving liquidity and supporting long-term growth, although some analysts believe other AI stocks offer better investment potential.
Source: YAHOO