Roth MKM Maintains Buy on Redwire, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Suji Desilva maintains a Buy rating on Redwire (RDW) and doubles the price target from $5 to $10.
May 10, 2024 | 2:13 pm
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Roth MKM analyst Suji Desilva reaffirmed a Buy rating on Redwire, significantly increasing the price target from $5 to $10, indicating a strong confidence in the company's future performance.
The doubling of the price target by a reputable analyst suggests a strong bullish outlook on Redwire, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100