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UBS says this high-risk space stock could rally 50%
  + stars: | 2024-06-10 | by ( Pia Singh | ) www.cnbc.com   time to read: +2 min
Texas-based satellite manufacturer AST SpaceMobile is a risky — but worthwhile — investment, according to UBS. Analyst Christopher Schoell increased his price target for the stock by $6 to $13, implying a whopping 50.8% potential upside as of Friday's close. The shares have climbed nearly 44% so far this year, and skyrocketed about 284% over the past month. "We still see ASTS as a high-risk, high-reward investment that is subject to various risks," Schoell said in a Monday note. Still, the stock has several risks that could create uncertainties for the company's path ahead, such as launch timing and the possibility of failures, regulatory issues, funding and competition.
Persons: Christopher Schoell, Schoell Organizations: UBS, AST, Verizon, Federal Communications, Vodafone, Google Locations: Texas
Self-healing metal is still just science fiction, right? Metal fatigue can cause catastrophic failures in areas including aviation - jet engines, for instance - and infrastructure - bridges and other structures. It occurs at the nanoscale, and we have yet to be able to control the process," Boyce added. Scientists in the past have fashioned some self-healing materials, mostly plastics. Study co-author Michael Demkowicz, a Texas A&M University professor of materials science and engineering, predicted self-healing in metal a decade ago.
Persons: Ryan Schoell, Khalid Hattar, Dan Bufford, Chris Barr, Craig ., Read, Brad Boyce, Boyce, Michael Demkowicz, Demkowicz, Will Dunham, Rosalba O'Brien Organizations: government's Sandia National Laboratories, Sandia National Laboratories, M University, Thomson Locations: New Mexico, WASHINGTON, Texas
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