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Wall Street Turns Sour on Once-Buzzy Space Stock After 73% Rout

Key Points

Wall Street analysts are rushing to slash their price targets on spacecraft and satellites manufacturer York Space Systems Inc., saying the company’s path forward looks uncertain amid supply chain troubles and a slower pace of government contracts.

Wall Street analysts are rushing to slash their price targets on spacecraft and satellites manufacturer York Space Systems Inc., saying the company’s path forward looks uncertain amid supply chain troubles and a slower pace of government contracts.
Once-Buzzy Space Stock (ORG) York Space Systems Inc. (ORG)
Originally published by Bloomberg Markets Read original →