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Safe Pro initiated with a Buy at Litchfield Hills

Litchfield Hills analyst Theodore O’Neill initiated coverage of Safe Pro (SPAI) with a Buy rating and $8 price target The firm views the company as an “emerging leader” in artificial intelligence-powered computer vision software. Safe Pro provides advanced situational awareness tools for defense, homeland security, law enforcement and humanitarian applications, the analyst tells investors in a research note. It believes the need for anti-personnel mine identification and location “has ballooned” and finds the shares attractively valued at current levels.

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