Cantor Fitzgerald analyst Colin Canfield lowered the price target on Airo Group (AIRO) to $20 from $35, maintaining an Overweight rating. Despite a disappointing Q3, the firm sees value in AIRO as a critical drone supplier for the EU and U.S. Expectations have been reset, and the stock is in a “show me” period. Published on TheFly, the ultimate source for real-time financial news. Check out today’s best-performing stocks on TipRanks. For more on AIRO, visit TipRanks’ Disclaimer & Disclosure page.

Read more at Yahoo Finance: Airo Group price target lowered to $20 from $35 at Cantor Fitzgerald