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Why BlackSky Stock Popped Today

TheMotleyFool

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Investment bank Jefferies initiated coverage of BlackSky Technology (NYSE: BKSY) this morning, rating the space stock "buy" and predicting it would hit $23 within a year.

It actually took BlackSky 10 minutes. (The stock's retraced a bit, but still up 15% at 1 p.m. ET).

Image source: Getty Images.

Source Fool.com

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