FireFly Aerospace initiated with a Buy at Roth Capital

Roth Capital initiated coverage of FireFly Aerospace (FLY) with a Buy rating and $60 price target The firm is positive on the company targeting a large and rapidly growing space and national security market opportunity, the analyst tells investors in a research note. FireFly’s differentiated space platform provides integrated launch and spacecraft for established, blue chip aerospace, commercial, and government customers, the firm added.