EF Hutton initiated coverage of Horizon Aircraft with a Buy rating and $2 price target Horizon Aircraft is a Canadian-based aviation company that is in the process of developing and commercializing its first hybrid electric vertical takeoff and landing aircraft: the Cavorite X7, the analyst tells investors in a research note. The firm sees the company manufacturing its first full-scale X7 over the next two years, with certification and subsequent commercialization targeted for fiscal 2027.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue