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Buy this drone stock as demand for unmanned aircrafts grows, Goldman Sachs says
The bank initiated coverage of the drone name with a buy rating.
14 words~1 min read
The bank initiated coverage of the drone name with a buy rating.
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The bank initiated the aerospace and defense stock with an overweight rating.

Drone technology company Red Cat is poised to grow as it expands its product offerings, particularly as defense spending rises…

Analysts pointed to companies like AeroVironment and Kratos Defense & Security Solutions as potential beneficiaries of growing…

A newer 'lower-skies' category within the global defense market is growing twice as fast as the entire market. Oppenheimer…

The bank launched coverage of the aerospace and defense stock with an overweight rating.

In its most bullish scenario, Goldman Sachs is eyeing a revenue uplift of up to 59%.