Airship AI price target lowered to $8 from $11 at Roth Capital

Roth Capital lowered the firm’s price target on Airship AI (AISP) to $8 from $11 and keeps a Buy rating on the shares. After a period of prolonged decision making and government-induced delays, technology investment for safety and security is entering what appears to be a record period of growth, the analyst tells investors in a research note. Expanding government budgets and a recovering approval process with a record validated pipeline should be further complemented by more widespread adoption of Airship’s solutions in commercial applications, which could ultimately expand into new markets such as robotics, the firm added.