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Morgan Stanley and JPMorgan Initiate Coverage on Firefly Aerospace Stock
Financial MarketsFirefly AerospaceUpdated a day ago

Morgan Stanley and JPMorgan Initiate Coverage on Firefly Aerospace Stock

Morgan Stanley has begun coverage of Firefly Aerospace with an Equalweight rating, reflecting a balanced outlook. In contrast, JPMorgan has rated the stock as Overweight with a target price of $55, indicating strong confidence in the company's future performance.

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Morgan Stanley initiates coverage on Firefly Aerospace stock with Equalweight rating
PositiveFinancial Markets
Morgan Stanley has started coverage on Firefly Aerospace stock, giving it an Equalweight rating. This indicates a balanced outlook on the company's potential.
Editor’s Note: This coverage is significant as it reflects Morgan Stanley's confidence in Firefly Aerospace's future performance, which could influence investor decisions and market dynamics.
JPMorgan initiates Firefly Aerospace stock with Overweight rating, $55 target
PositiveFinancial Markets
JPMorgan has initiated coverage of Firefly Aerospace, giving it an Overweight rating and setting a target price of $55. This indicates strong confidence in the company's future performance.
Editor’s Note: This matters because an Overweight rating from a major financial institution like JPMorgan can significantly influence investor perception and stock performance, potentially leading to increased investment in Firefly Aerospace.

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