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BlackSky initiated with a Buy at Jefferies

Jefferies initiated coverage of BlackSky (BKSY) with a Buy rating and $23 price target BlackSky’s unique space based imagery offering and a refreshed constellation by year-end 2026 position it well to expand the topline at about 25% per year, says the analyst, who sees sales doubling through 2028 to $211M, up from $108M today.

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