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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.

ASTSPLRKLB

AST SpaceMobile (ASTS), Rocket Lab (RKLB) and Planet Labs (PL) were in focus on Wednesday after Berenberg launched coverage of the space sector, saying that falling launch costs are creating a rapidly growing investable universe.Initiating the three U.S.-listed stocks with a ‘Buy’ rating, analyst M…