Redwire price target lowered to $15 from $20 at Roth Capital

Roth Capital analyst Suji Desilva lowered the firm’s price target on Redwire (RDW) to $15 from $20 and keeps a Buy rating on the shares. The company reported Q3 revenue below consensus and guided to a flattish” outlook below consensus, reflecting the government shutdown, the analyst tells investors in a research note. However, Roth is “encouraged” by the “solid” bookings across Redwire’s five growth segments. It expects visibility into government space programs to resume in early 2026.