Geospatial intelligence firm BlackSky Technology receives positive ratings from analysts despite negative margins.
BlackSky Technology, a geospatial intelligence firm, has received positive ratings from analysts, including an "outperform" from Oppenheimer with a $10 price target, and a boost from Lake Street Capital to $32. The company's average target price is $19.20, despite reporting negative margins and a return on equity in its latest earnings. Institutional investors are increasing their stakes, with Vanguard and others significantly boosting their holdings.
October 05, 2024
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