Clear Street lowered the firm’s price target on BlackSky (BKSY) to $20 from $24 and keeps a Hold rating on the shares. The firm is revising its 2026E/2027 revenue and adjusted EBITDA estimates downward by 7% and 11% annually to reflect a more gradual rollout of the Gen-3 constellation and the continued impact of budget uncertainty, the analyst tells investors.
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