Bridger Aerospace shares surge 15.70% after-hours after Stifel initiates coverage with Buy rating and growth projections.

Bridger Aerospace surged 15.70% in after-hours trading following Stifel’s initiation of coverage with a "Buy" rating and a price target of $3.35. The firm highlighted Bridger’s transformation into a mission-critical infrastructure platform and its credible path to over 70% EBITDA growth by 2026, driven by a major fleet expansion and refinancing. While the appointment of a new general counsel is notable, it is not considered a primary driver of the significant after-hours price movement. The stock’s strong performance reflects positive investor reaction to the analyst upgrade and optimistic financial outlook.