AIRO Group (NASDAQ:AIRO) Shares Gap Up - Still a Buy?

AIRO Group Holdings, Inc. (NASDAQ:AIRO - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $22.20, but opened at $24.47. AIRO Group shares last traded at $25.67, with a volume of 928,884 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Cantor Fitzgerald began coverage on shares of AIRO Group in a research note on Tuesday. They set an "overweight" rating and a $35.00 target price for the company. BTIG Research assumed coverage on AIRO Group in a research note on Tuesday. They issued a "buy" rating and a $26.00 price target for the company. Mizuho assumed coverage on shares of AIRO Group in a report on Tuesday. They set an "outperform" rating and a $31.00 price objective for the company. Finally, Wall Street Zen raised shares of AIRO Group to a "hold" rating in a report on Sunday, June 22nd.

AIRO Group Stock Performance

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.

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