Intuitive Machines (NASDAQ:LUNR) Trading Down 0.6% Following Analyst Downgrade

Market Beat
2025.03.12 05:34
portai
I'm PortAI, I can summarize articles.

Intuitive Machines (NASDAQ:LUNR) saw a 0.6% decline in stock price after Roth Mkm downgraded its price target from $20 to $12, maintaining a buy rating. The stock traded between $6.36 and $6.74, with a significant drop in trading volume. Analysts have mixed ratings, with one sell, one hold, and five buy ratings, leading to a consensus of "Moderate Buy" and an average target price of $16.38. Insiders have sold shares recently, and institutional investors hold 72.21% of the stock.