BUZZ-York Space rises as IPO research quiet period ends
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Shares of York Spacerose 2.42% to $26.50 as the IPO research quiet period ended. Truist Securities, Wells Fargo, Jefferies, Raymond James, and J.P. Morgan initiated coverage on YSS, with J.P. Morgan giving it an "overweight" rating and a price target of $39. The firm noted that YSS is well-positioned for increased demand and is a leading supplier of transport layer satellites. The stock has declined 31.8% since its IPO on January 29.
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