Dragonfly Energy price target raised to $2.25 from $1 at Canaccord

Canaccord raised the firm’s price target on Dragonfly Energy (DFLI) to $2.25 from $1 and keeps a Buy rating on the shares. The firm said September results were healthy and noted the course of the past several weeks, Dragonfly has concluded a sequence of transformative financings that that have restored the company’s sound financial footing.