Firefly Aerospace (NASDAQ:FLY) Lowered to "Sell" Rating by Wall Street Zen

Key Points

• Firefly Aerospace (NASDAQ:FLY) has been downgraded from a "hold" rating to a "sell" rating by Wall Street Zen, indicating a negative shift in investor sentiment.
• Multiple research firms have recently provided varying ratings for Firefly Aerospace, with price targets ranging from $45.00 to $55.00, highlighting a split outlook among analysts.
• The stock is currently trading at $42.63, having seen a twelve-month range from $41.57 to $73.80, reflecting significant volatility in its market performance.

Firefly Aerospace (NASDAQ:FLY - Get Free Report) was downgraded by Wall Street Zen from a "hold" rating to a "sell" rating in a report released on Friday.

A number of other research analysts also recently commented on the stock. JPMorgan Chase & Co. assumed coverage on shares of Firefly Aerospace in a research note on Tuesday. They set an "overweight" rating and a $55.00 price objective on the stock. Jefferies Financial Group upgraded shares of Firefly Aerospace to a "strong-buy" rating in a research note on Tuesday. Morgan Stanley assumed coverage on shares of Firefly Aerospace in a research note on Tuesday. They issued an "equal weight" rating and a $52.00 price target on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Firefly Aerospace in a research note on Tuesday. They issued a "hold" rating and a $45.00 price target on the stock. Finally, The Goldman Sachs Group assumed coverage on shares of Firefly Aerospace in a research note on Tuesday. They issued a "neutral" rating and a $54.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $55.17.

Firefly Aerospace Trading Down 0.4%

NASDAQ:FLY opened at $42.63 on Friday. Firefly Aerospace has a twelve month low of $41.57 and a twelve month high of $73.80.

About Firefly Aerospace

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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