EF Hutton analyst Edward Reilly initiated coverage of Aerwins Technologies with a Buy rating and $2 price target. The company aims to lead society to air mobility by providing infrastructure that enables the use of safe, secure, and convenient airspace, the analyst tells investors in a research note. The firm believes Aerwins is well positioned to be the leader in the air mobility industry. IT says the shares represent a "high-risk, high-reward scenario."
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Published first on TheFly