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Wall Street Slashes York Space Systems Stock

Bloomberg Markets •
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Wall Street analysts endeavored to trim their price targets on spacecraft and satellite maker York Space Systems Inc. with the firm’s trajectory looking uncertain amid supply‑chain woes and a decelerating pace of government contracts.

At least six analysts, roughly half of those covering the company, cut their price targets by an average of 54% since Aug. 14, according to Bloomberg data. Two of them – Canaccord Genuity and JPMorgan Chase & Co. – also downgraded the stock, leaving it with five buy, five hold, and no sell ratings.

The sharp 73% rout has prompted a reassessment of the company’s prospects, as analysts weigh the impact of delayed deliveries, shifting demand, and regulatory uncertainties on future earnings.

Investors are now watching closely as the market digests these revisions, with the broader space‑sector sentiment potentially influencing related equities in the near term.