Firefly Aerospace, Inc. (NASDAQ:FLY) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Firefly Aerospace, Inc. has received a consensus recommendation of "Moderate Buy" from eight research firms, with an average target price of $55.86.
• Recent analysis includes ratings from JPMorgan Chase ("overweight" at $55), Deutsche Bank ("hold" at $45), and Roth Capital ("buy" at $60).
• The company's stock opened at $35.98, with a 52-week range between $35.01 and $73.80.

Firefly Aerospace, Inc. (NASDAQ:FLY - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the eight research firms that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $55.8571.

FLY has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Firefly Aerospace in a research note on Tuesday, September 2nd. They issued an "overweight" rating and a $55.00 price objective for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Firefly Aerospace in a research note on Tuesday, September 2nd. They set a "hold" rating and a $45.00 target price for the company. The Goldman Sachs Group assumed coverage on shares of Firefly Aerospace in a research note on Tuesday, September 2nd. They set a "neutral" rating and a $54.00 target price for the company. Roth Capital assumed coverage on shares of Firefly Aerospace in a research note on Wednesday, September 10th. They set a "buy" rating and a $60.00 target price for the company. Finally, Wall Street Zen lowered shares of Firefly Aerospace from a "hold" rating to a "sell" rating in a research note on Friday, September 5th.

Firefly Aerospace Price Performance

Firefly Aerospace stock opened at $35.98 on Friday. Firefly Aerospace has a 52 week low of $35.01 and a 52 week high of $73.80.

Firefly Aerospace Company Profile

Firefly Aerospace is a market leading space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. Our mission is to enable responsive, regular, and reliable launch, transit, and operations in space for our customers across the globe.

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