Jefferies Downgrades BlackSky Technology (BKSY) from Buy to Hold
Jefferies downgraded BlackSky Technology Inc. (NYSE:BKSY) to a 'Hold' rating on June 1, citing limited upside despite the stock's strong year-to-date performance of 159%. The firm noted that recent gains are driven by general excitement around space rather than company-specific fundamentals.
Tickers: $BKSY
Topics: geospatial intelligence space industry stock downgrade