H.C. Wainwright initiated coverage on Draganfly Inc. (DPRO) with a Buy rating. The firm established a 12-month price target of $14.00 per share.
Analysts highlighted the company's 20 years of experience in drone innovation. Draganfly provides integrated, compliant drone solutions that are field-proven.
The company serves diverse markets including military, law enforcement, and emergency response. It also provides technology for various commercial sectors.
This coverage initiation increases visibility for the company's growth prospects. It represents a significant vote of confidence in Draganfly's technology.