Terran Orbital (NYSE:LLAP) Receives Buy Rating from HC Wainwright

Terran Orbital (NYSE:LLAPGet Free Report)‘s stock had its “buy” rating restated by equities research analysts at HC Wainwright in a research note issued on Tuesday, Benzinga reports. They presently have a $3.00 price objective on the stock. HC Wainwright’s target price would suggest a potential upside of 137.15% from the stock’s current price.

A number of other equities analysts have also recently weighed in on LLAP. Stifel Nicolaus reissued a “buy” rating and issued a $7.00 price target on shares of Terran Orbital in a research note on Tuesday, March 26th. B. Riley dropped their price target on Terran Orbital from $1.35 to $1.00 and set a “neutral” rating on the stock in a research note on Monday, March 4th. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $4.07.

Check Out Our Latest Stock Report on Terran Orbital

Terran Orbital Stock Up 6.3 %

Shares of LLAP stock opened at $1.27 on Tuesday. The stock has a 50-day simple moving average of $1.04 and a 200 day simple moving average of $0.94. Terran Orbital has a fifty-two week low of $0.62 and a fifty-two week high of $2.04. The stock has a market capitalization of $245.99 million, a P/E ratio of -1.38 and a beta of 2.32.

Institutional Investors Weigh In On Terran Orbital

Institutional investors have recently bought and sold shares of the business. Capstone Capital Wealth Advisors acquired a new stake in Terran Orbital during the 4th quarter worth about $6,677,000. First Wilshire Securities Management Inc. acquired a new stake in Terran Orbital during the 3rd quarter worth about $578,000. Farther Finance Advisors LLC acquired a new stake in Terran Orbital during the 2nd quarter worth about $98,000. Van ECK Associates Corp boosted its position in Terran Orbital by 32.8% during the 3rd quarter. Van ECK Associates Corp now owns 57,621 shares of the company’s stock worth $48,000 after acquiring an additional 14,242 shares during the period. Finally, Legato Capital Management LLC boosted its position in Terran Orbital by 80.6% during the 3rd quarter. Legato Capital Management LLC now owns 35,903 shares of the company’s stock worth $30,000 after acquiring an additional 16,025 shares during the period. 85.03% of the stock is currently owned by institutional investors and hedge funds.

Terran Orbital Company Profile

(Get Free Report)

Terran Orbital Corporation manufactures and sells satellites for aerospace and defense industry in the United States. It operates through two segments, Satellite Solutions and Earth Observation Solutions. The Satellite Solutions segment offers end-to-end satellite solutions, including spacecraft design, development, launch services, and on-orbit operations for critical missions across a range of applications in various orbits to governmental agencies and commercial businesses.

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Analyst Recommendations for Terran Orbital (NYSE:LLAP)

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