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Surf Air Mobility initiated with a Buy at Alliance Global

Alliance Global analyst Brian Kinstlinger initiated coverage of Surf Air Mobility (SRFM) with a Buy rating and $2.75 price target. The firm expects Surf Air’s regional air mobility coordination platform will drive stronger fundamentals and calls its strategic partnership with Palantir (PLTR) “validation” of the company’s vision and “a differentiator.”

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