- AIRO +1.65%
Cantor Fitzgerald analyst Colin Canfield lowered the firm’s price target on Airo Group (AIRO) to $20 from $35 and keeps an Overweight rating on the shares. While Airo posted a “disappointing” Q3, there is still a significant amount of value for a critical drone supplier for both the EU and U.S., the analyst tells investors in a research note. The firm thinks the magnitude of the miss has reset expectations and the stock is in a “show me” period for the foreseeable future.
TipRanks Black Friday Sale
-
Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
-
Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AIRO:
Disclaimer & DisclosureReport an Issue
-
Airo Group price target lowered to $25 from $31 at Mizuho
-
AIRO Group Reports Q3 2025 Results and Strategic Progress
-
Midday Fly By: Walmart names new CEO, Merck acquires Cidara
-
Morning Movers: Cidara skyrockets following Merck buyout offer
-
Airo Group reports Q3 EPS (28c) vs. ($1.85) last year
