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

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Michael Sheetz@in/michaeljsheetz@thesheetztweetz
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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%.