Jefferies says to buy new space stock Redwire, calls for 50% upside

Published Tue, Sep 28 202110:40 AM EDTUpdated Tue, Sep 28 202110:41 AM EDT

Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021.

Source: NYSE

Jefferies began coverage of newly-public space company Redwire with a buy rating on Tuesday, calling for the stock to climb 50%.

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