ASTS, RKLB and PL: Berenberg starts coverage with Buy ratings
AST SpaceMobile (ASTS), Rocket Lab (RKLB) and Planet Labs (PL) were highlighted after Berenberg launched coverage of the space sector, initiating all three with ‘Buy’ ratings.
AST SpaceMobile (ASTS), Rocket Lab (RKLB) and Planet Labs (PL) drew attention Wednesday after Berenberg began coverage of the space sector, saying falling launch costs are opening up a rapidly expanding investable universe. The firm initiated the three U.S.-listed stocks with a Buy rating, with analyst M…