Reported 1 day ago
Redwire Corporation (NYSE:RDW) is gaining attention as a promising investment in the space sector, with Canaccord analyst Austin Moeller maintaining a Buy rating and raising the price target from $20 to $21. The firm's capabilities are expanding into defense technology, particularly through its Edge Autonomy drone systems, which cater to both U.S. and NATO forces. This shift towards becoming an integrated platform in space and defense reflects confidence in the growth driven by increased aerospace funding and essential infrastructure investments.
Source: YAHOO