Firefly Aerospace (NASDAQ:FLY) Coverage Initiated by Analysts at Cantor Fitzgerald

Cantor Fitzgerald assumed coverage on shares of Firefly Aerospace (NASDAQ:FLY) in a research note published on Tuesday, Marketbeat reports. The brokerage issued an overweight rating and a $65.00 price target on the stock.

A number of other equities analysts have also commented on the company. Jefferies Financial Group assumed coverage on Firefly Aerospace in a research note on Monday. They issued a “buy” rating and a $60.00 price objective on the stock. The Goldman Sachs Group started coverage on Firefly Aerospace in a research note on Tuesday. They issued a “neutral” rating and a $54.00 price objective on the stock. Morgan Stanley started coverage on Firefly Aerospace in a report on Tuesday. They issued an “equal weight” rating and a $52.00 target price for the company. Wall Street Zen upgraded Firefly Aerospace to a “hold” rating in a report on Sunday, August 17th. Finally, JPMorgan Chase & Co. started coverage on Firefly Aerospace in a report on Tuesday. They issued an “overweight” rating and a $55.00 target price for the company. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Firefly Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $55.17.

Firefly Aerospace Stock Down 2.5%

Firefly Aerospace stock opened at $44.23 on Tuesday. Firefly Aerospace has a one year low of $43.61 and a one year 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.