B. Riley analyst Mike Crawford upgraded Redwire (RDW) to Buy from Neutral with a price target of $27, up from $9.50. The firm increased fiscal 2026 projections to account for the addition of the company’s Edge Autonomy acquisition. Riley sees the acquisition as “transformative” for Redwire. The deal positions the company as a multi-domain, end-to-end space infrastructure and defense technology company, the analyst tells investors in a research note. In addition to a strong book of business and a healthy margin profile, Edge brings “unique” un-crewed autonomous systems technology to Redwire that augments the company’s existing business, creating a single entity that unites terrestrial and space-based networks and operations, contends Riley.
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