UBS Shares Rise 1.28%; AST SpaceMobile Surges 13% Nearing $25 with Target Price Raised from $30 to $31

UBS Group AG shares increased by 1.28% in premarket trading following positive analyst ratings. Meanwhile, shares of AST SpaceMobile, Inc. (ASTS) surged by 13%, nearing the $25 mark. Analysts have expressed optimism about ASTS, with one noting that UBS raised its target price for the stock from $30.00 to $31.00. The bullish sentiment around ASTS is attributed to its potential in the space, artificial intelligence, and blockchain sectors, suggesting a favorable market environment as policies evolve in 2025.