York Space Systems is trading 4.9% up at $18.80 in pre-market action, rebounding from recent weakness following a fresh Buy rating and $32 price target from Jefferies.
- Recent catalysts include the completed acquisitions of ALL.SPACE and Solestial, a new undisclosed U.S. government national security contract, and successful Dragoon mission demonstrations.
- Broader market sentiment is also providing a supportive backdrop as U.S. futures trend higher.