Piper Sandler Initiates Coverage on SpaceX, RocketLab as 'Neutral' and ASTS as 'Overweight'
Piper Sandler has initiated coverage of three major space companies: assigning an Overweight rating to AST SpaceMobile (ASTS) while giving Neutral ratings to Rocket Lab (RKLB) and SpaceX (SPCX). The firm suggests that ASTS is a top pick in the sector, whereas the other two are seen as average performers.
