Firefly Aerospace has 50% potential according to KeyBanc. Why the sell-off was exaggerated!

On Friday, SpaceX went public. Capital reallocations into the leading space company and the creation of room in portfolios for new space stocks put pressure on established players like Rocket Lab, Intuitive Machines, and Firefly Aerospace (i). KeyBanc sees room for $50 KeyBanc upgraded Firefly from Sector Weight to Overweight with a target of $50. A 50% potential is being called. NASA's activities are increasing at a pace not seen since the Apollo era, and the supply of launch capacities remains "structurally limited" in light of the "exponential...