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NextNav price target lowered to $9 from $15 at R.F. Lafferty
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NextNav price target lowered to $9 from $15 at R.F. Lafferty

R.F. Lafferty analyst Jaime Perez lowered the firm’s price target on NextNav to $9 from $15 and keeps a Buy rating on the shares post the Q3 results. The lower price target reflects a moderation in commercial adoption as the company focuses on government procurement projects, Perez tells investors in a research note.

Published first on TheFly

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