Red Cat is poised to notch considerable growth as it expands its defense technology offerings, especially since domestic and international military spending is on the rise. The investment firm initiated a buy rating on Red Cat with a price target of $17 per share, implying roughly 32% upside from Friday’s close of $12.89. “We believe the unmanned aerial systems (UAS) industry is …
Read More »This drone stock is a buy and has major upside potential, Needham says
