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Needham Cuts Red Cat Holdings Inc. (RCAT)’s Price Target To $12, Maintains Buy Rating
Yahoo Finance· 2025-11-19 14:51
Red Cat Holdings, Inc. (NASDAQ:RCAT) is among the 8 Best Small-Cap Defense Stocks to Buy Right Now. On November 14, Needham analyst Austin Bohlig lowered his price target on the stock to $12 from $17. Needham Cuts Red Cat Holdings, Inc. (RCAT)'s Price Target To $12, Maintains Buy Rating In a research note to investors, the analyst highlighted the company’s strong third-quarter results for fiscal 2025, while noting that the revised revenue guidance for the full year was well short of analysts’ estimates. ...