1155 GMT - HawkEye 360's radio frequency data is well ahead of what competitors can offer, say Morgan Stanley analysts, who initiate coverage with an overweight rating and a price target of $41. "We see Hawk's rich emitter database and refined processing algorithms developed over years of collection providing a deep competitive moat," the analysts say. "The company's data collection comes at a relatively accessible price point. Its data analytics overlay provides differentiated intelligence for its endmarkets, creating strong demand for its products." Additionally, the analysts say that since the company's offering is unclassified, it can receive business from allied government customers and areas of the U.S. military without high-level security clearances.(nicholas.miller@wsj.com)
(END) Dow Jones Newswires
June 01, 2026 07:55 ET (11:55 GMT)
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