York Space Systems price target lowered to $34 from $37 at Jefferies

Jefferies analyst Sheila Kahyaoglu lowered the firm’s price target on York Space Systems (YSS) to $34 from $37 and keeps a Buy rating on the shares. The firm views the company’s Q4 report as solid. York expects new business wins worth 30% of 2026 revenue to materialize in the second half of the year, the analyst tells investors in a research note. Jefferies believes the shares have potential to re-rate as its sales ramp materializes.