Redwire Corporation (NYSE: RDW) is among the most promising small-cap industrial stocks under $50, with a consensus 1-year average price target of $11.88, offering a 39.4% upside from the current level. Canaccord Genuity analyst Austin Moeller reiterated a Buy rating on RDW with a $11 target price, citing the company’s transition to defense technology and innovative products like Stalker UAS and ROSA technologies. RDW is an aerospace and defense tech company providing mission-critical space infrastructure solutions using digital engineering and AI.

Read more at Yahoo Finance: Transition Towards Defense Technology Driving Up Sentiment for Redwire (RDW)