Roth Capital initiated coverage of Unusual Machines (UMAC) with a Buy rating and $25 price target The firm believes the regulatory exclusion of China-made drone parts presents a multibillion-dollar market. Roth expects Unusual Machines to supply a “healthy component share” for the Department of War’s $1B Drone Dominance program. As a diversified supplier and low-cost producer, Unusual is well positioned, the firm contends.
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