Why Is Firefly Aerospace Stock Soaring Monday?

▤ Summary

Firefly Aerospace shares rose after KeyBanc upgraded the stock to Overweight and set a $50 target. The analyst highlighted growth tied to NASA lunar programs, national security spending, and the expanding commercial space economy. KeyBanc also lifted revenue estimates after Firefly won a $75 million NASA MoonFall contract. The note pointed to Firefly's Blue Ghost lander, launch business, and SciTec missile-tracking software unit as long-term drivers.

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