Intuitive Machines (NASDAQ:LUNR) Shares Down 19.8% on Analyst Downgrade

Market Beat
2025.03.10 15:21
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Intuitive Machines (NASDAQ:LUNR) shares fell 19.8% after Canaccord Genuity downgraded its price target from $26 to $22, maintaining a buy rating. The stock traded at $7.04, down from a previous close of $8.77, with trading volume decreasing by 33%. Other analysts have mixed ratings, with one sell, one hold, and five buy ratings. The company has a market cap of $993.66 million and focuses on lunar exploration and related services.