H.C. Wainwright Starts Ondas Holdings Inc. (ONDS) at Buy, PT $12

H.C. Wainwright analyst Amit Dayal initiates coverage on Ondas Holdings Inc. (NASDAQ: ONDS) with a Buy rating and a price target of $12.00.

The analyst comments "Providing autonomous aerial and ground security solutions for infrastructure and defense. Ondas Holdings Inc. (ONDS) is a U.S.-based provider of advanced wireless networking and autonomous aerial platforms. The company serves defense, infrastructure, and industrial markets, solving for needs around security, connectivity, and automation. The company operates through two segments: (1) Ondas Networks, which delivers the FullMAX software-defined radio (SDR) platform for secure wireless connectivity; and (2) Ondas Autonomous Systems (OAS), which offers a broad portfolio of systems and platforms that range from a drone-in-a-box solution for aerial intelligence and counter-drone defense to ground robotics and AI based intelligence software tools. We initiate coverage with a Buy rating and $12 PT."

For an analyst ratings summary and ratings history on Ondas Holdings Inc. click here. For more ratings news on Ondas Holdings Inc. click here.

Shares of Ondas Holdings Inc. closed at $9.91 yesterday.

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