Redwire price target raised to $13 from $10 at Roth MKM
The Fly

Redwire price target raised to $13 from $10 at Roth MKM

Roth MKM raised the firm’s price target on Redwire (RDW) to $13 from $10 and keeps a Buy rating on the shares. The company reported continued Q3 revenue growth and maintained positive EBITDA, reflecting its solid execution, the analyst tells investors in a research note. Roth adds it is encouraged by Redwire’s growth in the submitted bid value in the quarter to $1B, indicating a rapidly expanding market opportunity.

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