MDA Space: Buy Rating Reiterated on Strategic Growth Drivers and Attractive Valuation, Price Target Maintained at $69
Tip Ranks·- Jefferies analyst Sheila Kahyaoglu reiterated a buy rating on MDA Space Ltd with a price target of 69 CAD. - The rating is driven by the company's strategic position as an independent supplier, potential constellation awards, and expanding exposure to US defense, earth observation, and space safety markets. - The valuation is supported by a trade price of approximately 12.0 times FY2 EV/EBITDA, representing an attractive discount of about 8% relative to the market.What's Going On With Rocket Lab Stock Monday?
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