LUNR is trading 10.5% up at $37.82 as it extends a sharp multi-day rebound following a wave of analyst price-target hikes and growing optimism around its lunar mission pipeline.
- At least six firms have raised price targets recently, sparking debate over whether the space player can justify its current $5.5 billion valuation.
- Market observers suggest the price action is being fueled by speculative interest and short-covering rather than any new fundamental announcements.