Analysts set Ondas stock price target

Maxim Group raised its price target on Ondas (NASDAQ: ONDS) from $16 to $22 on Thursday, March 26, while keeping a “Buy” rating on the  technology company. As argued by the bank, Ondas is in a good position to capitalize on the rising defense budgets and demand for autonomous defense technology thanks to its global System of Systems (SoS) approach.Moreover, the analysts believe that Ondas’s current cash position is sufficient to fund operations, with breakeven results, through 2028.Stifel likewise bullish o ...