Red Cat (NASDAQ:RCAT) Reaches New 52-Week High – What’s Next?

Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report) hit a new 52-week high on Friday . The company traded as high as $18.78 and last traded at $18.37, with a volume of 17202065 shares changing hands. The stock had previously closed at $15.08. Get Red Cat alerts: Analysts Set New Price TargetsSeveral analysts have issued reports on the company. LADENBURG THALM/SH SH upped their target price on Red Cat from $15.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Weiss R ...