Roth Capital Begins Coverage on Firefly Aerospace (NASDAQ:FLY)

Equities research analysts at Roth Capital started coverage on shares of Firefly Aerospace (NASDAQ:FLY) in a research note issued on Wednesday, Marketbeat.com reports. The firm set a “buy” rating and a $60.00 price target on the stock. Roth Capital’s price objective would suggest a potential upside of 39.63% from the company’s current price.

FLY has been the subject of several other research reports. Morgan Stanley started coverage on Firefly Aerospace in a research report on Tuesday, September 2nd. They set an “equal weight” rating and a $52.00 target price for the company. Zacks Research upgraded Firefly Aerospace to a “hold” rating in a report on Thursday, September 4th. Wall Street Zen lowered Firefly Aerospace from a “hold” rating to a “sell” rating in a research note on Friday, September 5th. JPMorgan Chase & Co. assumed coverage on shares of Firefly Aerospace in a research note on Tuesday, September 2nd. They set an “overweight” rating and a $55.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Firefly Aerospace in a report on Tuesday, September 2nd. They issued a “hold” rating and a $45.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Firefly Aerospace has an average rating of “Moderate Buy” and a consensus target price of $55.86.

Firefly Aerospace Trading Up 0.5%

Firefly Aerospace stock opened at $42.97 on Wednesday. Firefly Aerospace has a 12-month low of $41.57 and a 12-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.