BUZZ-York Space gains after J.P.Morgan flags demand spike, cost advantage
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Shares of satellite manufacturer York Spacerise 6.06% to $27.48J.P.Morgan initiates coverage of YSS with “overweight” rating; sets PT of $39Cites YSS is poised for spike in demand and is leading supplier of transport layer satellites with meaningful cost advantage vs competitorsHeightened geopolitical tensions have driven countries to invest more heavily in military space capabilities, including with satellites to make these capabilities more resilient, brokerage saysYSS down 31.8% since its debut on January 29
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