BlackSky price target raised to $42.50 from $26 at Canaccord

Canaccord analyst Austin Moeller raised the firm’s price target on BlackSky (BKSY) to $42.50 from $26 and keeps a Buy rating on the shares. The firm said the top and bottom line results missed expectations and magement revised its 2026 expectations to the upside pointing to midpoint revenue and Adj. EBITDA of $140M and $18M, respectively.