tiprankstipranks
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.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App