Ondas initiated with a Buy at H.C. Wainwright

H.C. Wainwright analyst Amit Dayal initiated coverage of Ondas (ONDS) with a Buy rating and $12 price target The company provides autonomous aerial and ground security solutions for the infrastructure and defense sectors, the analyst tells investors in a research note. The firm says Ondas’ portfolio of offerings has expanded to capture larger share of the growing drone and robotics security market.

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