Analysts Predict Significant Upside for Firefly Aerospace and Kornit Digital
Analysts from Jefferies and KeyBanc are bullish on two industrial goods stocks: Firefly Aerospace, Inc. (FLY) and Kornit Digital (KRNT).
Jefferies analyst Sheila Kahyaoglu assigned a Buy rating to FLY with a price target of $35.00, a 49.2% upside from current levels. The company's shares closed last Wednesday at $26.43.
Kahyaoglu has a strong track record, with an average return of 16.0% and a 66.9% success rate. She covers the Industrial Goods sector, focusing on stocks such as United Airlines Holdings, Honeywell International, and BlackSky Technology.
The word on The Street in general suggests a Moderate Buy analyst consensus rating for FLY with a $39.86 average price target.
In a separate report, KeyBanc also maintained a Buy rating on the stock with a $50.00 price target.
Kornit Digital has an analyst consensus of Strong Buy, with a price target consensus of $22.83.