2025-06-11-Jefferies-邀请_6月24日（周二）虚拟太空峰会_6页_275kb

This equity research report from Jefferies LLC, published on June 12, 2025, focuses on the aerospace and defense electronics sector. It promotes the Fourth Annual Virtual Space Summit scheduled for June 24, 2025, which will include fireside chats on topics such as technology advancements in space infrastructure, commercialization opportunities, multi-orbit systems, and competitive environments. The report details analyst certifications, ensuring recommendations reflect unbiased personal views.

The equity research includes investment ratings defined as Buy (15%+ 12-month return), Hold (return of -10% to +15%), and Underperform (≤-10% return). These ratings are based on quantitative and qualitative criteria like market capitalization, growth, and discounted cash flow. Valuation methodology incorporates factors such as price targets, risk analysis, and conflict disclosures.

Key risks highlighted include conflicts of interest, as Jefferies may receive compensation from clients covered in the research, and cautions that past performance does not guarantee future results. The report is intended for Jefferies clients only, with extensive compliance and disclosure requirements.

Participating analysts include Greg Konrad (CFA) and others in the aerospace defense group. The summary covers the summit invitation and equity research structure, but excludes detailed disclosures and company-specific information.