Firefly Aerospace Inc. is trading 5.2% up today at $33.53 following a rating upgrade from KeyBanc and optimism surrounding a recent NASA subcontract award.
- KeyBanc raised its rating to Overweight with a higher price target after the company secured an approximately $75 million NASA-related contract.
- The stock is seeing additional support from a broader risk-on sentiment in equities, helping the price rebound after last week’s sharp volatility.