Firefly Aerospace (NASDAQ:FLY) Earns Buy Rating from Analysts at Roth Capital

Roth Capital initiated coverage on shares of Firefly Aerospace (NASDAQ:FLY) in a note issued to investors on Tuesday, MarketBeat Ratings reports. The firm set a “buy” rating on the stock.

FLY has been the subject of several other research reports. Wall Street Zen downgraded Firefly Aerospace from a “hold” rating to a “sell” rating in a report on Friday, September 5th. 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 price objective on the stock. JPMorgan Chase & Co. started coverage on Firefly Aerospace in a research report on Tuesday, September 2nd. They issued an “overweight” rating and a $55.00 price target on the stock. Zacks Research raised Firefly Aerospace to a “hold” rating in a research note on Thursday, September 4th. Finally, Jefferies Financial Group raised Firefly Aerospace to a “strong-buy” rating in a research note on Tuesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $55.86.

Firefly Aerospace Stock Performance

NASDAQ FLY opened at $42.77 on Tuesday. Firefly Aerospace has a 12 month low of $41.57 and a 12 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.