Canaccord Genuity reduces its target price on Intuitive Machines, Inc. (Lunr) to $ 18.50

Intuitive Machines, Inc. (Nasdaq:LunerHe is one of 15 best robots to buy less than $ 20.

Quoted to the investor’s response to ITUITIVE machines, Inc. (NASDAQ: Lunr) recently concluded a $ 345 million version of convertible observations, as the Canaaccord Genuity reduced its goal on the company from $ 19.00 to $ 18.50 on August 20, 2025, while maintaining its classification for purchase. In response to strong institutional demand, the volume of 2.50 % notes due in 2030 of the initial offer of $ 250 million and offered with a transfer installment of approximately 25 %. The rest will be allocated for operations, research, development and potential acquisition; Canaccord stated that this step improves the company’s liquidity and supports long -term growth strategy. Revenue for covered call transactions will be used to reduce stock reducing.

For US government agencies, commercial clients, and foreign customers, Intuity Machines, Inc. (NASDAQ: Lunr) by developing and running space products and services, such as accessing the surface of the moon, delivering the Rideshare load, transferring the data that AI drives, and space infrastructure solutions. It is one of the best automatic stocks.

While we acknowledge the capabilities of Lunr as an investment, we believe that some artificial intelligence shares provide greater potential in the upward trend and carry less negative risks. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

Read the following: 15 stocks will benefit from artificial intelligence and 12 Best quantum computing stocks for purchase, according to Wall Street analysts.

Detection: Nothing.