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1.06045663264237E-05 1.06045663264237E-05 -0.00104985206629975 1.06045663264237E-05 -0.00104985206629975 -0.00317076533155172 -0.00211030869892574 -0.00211030869892574
Stock impact report

Redwire (RDW) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Redwire Corporation (RDW) 
Company Research Source: Yahoo! Finance
The analyst, Michael Ciamoli, also raised the price target to $15 from $13. The upgrade was reportedly driven by an improving mix of projects and the belief that charges on development contracts would likely moderate. Truist also pointed to new, achievable financial targets for 2026 set by Redwire's new CFO and projected that gross profit margins could more than double in 2026. This outlook was supported by the company's record contracted backlog of $411.25 million, which provided clear revenue visibility. The shares closed the day at $9.62, up 12.1% from previous close. Is now the time to buy Redwire? Access our full analysis report here, it's free What Is The Market Telling Us Redwire's shares are extremely volatile and have had 102 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about Show less Read more
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