Firefly Aerospace (NASDAQ:FLY) Coverage Initiated by Analysts at Morgan Stanley

Morgan Stanley began coverage on shares of Firefly Aerospace (NASDAQ:FLY) in a research note released on Tuesday morning, MarketBeat.com reports. The brokerage issued an equal weight rating and a $52.00 target price on the stock.

Other equities analysts have also recently issued reports about the company. Wall Street Zen raised Firefly Aerospace to a “hold” rating in a report on Sunday, August 17th. Jefferies Financial Group started coverage on Firefly Aerospace in a report on Monday. They set a “buy” rating and a $60.00 price objective on the stock. Finally, The Goldman Sachs Group started coverage on Firefly Aerospace in a report on Tuesday. They set a “neutral” rating and a $54.00 price objective on the stock. Three investment 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $55.17.

Firefly Aerospace Stock Performance

NASDAQ:FLY opened at $44.23 on Tuesday. Firefly Aerospace has a twelve month low of $43.61 and a twelve month 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.