In a report released today, Ronald Epstein from Bank of America Securities maintained a Sell rating on Astra Space (ASTR – Research Report), with a price target of $0.30. The company’s shares closed yesterday at $0.40.
According to TipRanks, Epstein is a 4-star analyst with an average return of 4.0% and a 58.85% success rate. Epstein covers the Industrials sector, focusing on stocks such as Boeing, Spirit AeroSystems, and Triumph Group.
Currently, the analyst consensus on Astra Space is a Moderate Sell with an average price target of $0.30.
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Based on Astra Space’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $44.89 million. In comparison, last year the company earned a revenue of $3.9 million and had a GAAP net loss of $85.71 million
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Holicity Inc is a Special Purpose Acquisition Company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
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