HC Wainwright & Co. Initiates Coverage On BlackSky Technology with Buy Rating, Announces Price Target of $2.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck initiates coverage on BlackSky Technology (NYSE:BKSY) with a Buy rating and a price target of $2.5.
April 03, 2024 | 10:06 am
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POSITIVE IMPACT
BlackSky Technology receives a Buy rating and a $2.5 price target from HC Wainwright & Co., indicating a positive outlook.
The initiation of coverage by HC Wainwright & Co. with a Buy rating and a specific price target of $2.5 directly impacts BlackSky Technology's stock by potentially increasing investor interest and confidence in the company. This positive analyst rating could lead to a short-term increase in the stock price as it reflects a bullish outlook on the company's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100