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FireFly Aerospace initiated with an Overweight at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of FireFly Aerospace (FLY) with an Overweight rating and $65 price target The firm sees the shares outperforming as the company achieves “significant” growth catalysts in each of its end markets. It expects FireFly’s Alpha and Eclipse launches to demonstrate faster cadence, better price, and increased mission scope.

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