Wall Street Watches Firefly Aerospace Inc. (FLY) As Space Market Expands

Group 1 - Firefly Aerospace Inc. (NASDAQ:FLY) is considered one of the best US stocks to buy under $20, with a price target of $29 set by Goldman Sachs, indicating a potential upside of nearly 67% [1][2] - The company operates in a nascent space market that is expected to accelerate due to a supply-constrained space launch domain, positioning Firefly well for medium- to long-term growth [2] - Firefly Aerospace has faced challenges with its launch industry, including recent launch mishaps, which raise concerns despite its favorable market position [2][3] Group 2 - Morgan Stanley has maintained an "Equalweight" rating on Firefly Aerospace while lowering its price target, citing the company's inconsistent results from only six launches compared to Rocket Lab's 74 launches with 70 successes [3] - Firefly Aerospace specializes in mission solutions for government and commercial customers, providing launch vehicles under various brands including Alpha, Eclipse, Blue Ghost, Elytra, and Ocula [3]