🔴 Redwire is trading 5% down in pre-market after Jefferies cut its price target

Redwire is trading 4.95% down at $12.47 in pre-market on August 11, 2026, after Jefferies lowered its price target from $24 to $15 while maintaining a Hold rating, reinforcing valuation concerns after the recent rally.

• Redwire fell 3.46% to $13.12 on August 10.
• Canaccord’s increase to $15 provided a partial offset.
• Broader markets were nearly flat overnight, so macro sentiment does not clearly explain the sharper decline.