AIRO Group (NASDAQ:AIRO) Rating Lowered to Sell at Wall Street Zen

Wall Street Zen downgraded shares of AIRO Group (NASDAQ:AIRO - Free Report) from a hold rating to a sell rating in a report released on Saturday morning.

Several other equities research analysts have also commented on AIRO. Mizuho assumed coverage on shares of AIRO Group in a report on Tuesday, July 8th. They issued an "outperform" rating and a $31.00 price target for the company. Cantor Fitzgerald started coverage on shares of AIRO Group in a research note on Tuesday, July 8th. They set an "overweight" rating and a $35.00 price target on the stock. Finally, BTIG Research began coverage on shares of AIRO Group in a research note on Tuesday, July 8th. They issued a "buy" rating and a $26.00 price target for the company.

AIRO Group Trading Down 2.3%

Shares of NASDAQ AIRO traded down $0.64 during midday trading on Friday, reaching $27.64. The company's stock had a trading volume of 1,403,738 shares, compared to its average volume of 2,548,964. AIRO Group has a one year low of $12.90 and a one year high of $39.07.

AIRO Group Company Profile

We are a technologically differentiated aerospace, autonomy, and air mobility platform targeting 21st century aerospace and defense opportunities. We leverage decades of industry expertise and connections across the drone, aviation, and avionics markets to provide leading solutions to the aerospace and defense market.