A U.S. push into the drones industry will drive big gains for this components maker, says Roth

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A U.S. push into the drones industry will drive big gains for this components maker, says Roth

Unusual Machines will continue to surge as the U.S. deepens its domestic drone push, according to Roth Capital Partners. The investment firm initiated coverage of the drone components maker with a …

Unusual Machines will continue to surge as the U.S. deepens its domestic drone push, according to Roth Capital Partners. The investment firm initiated coverage of the drone components maker with a buy rating. It set a $25 price target on shares, implying 77% upside from Tuesday's close. "The U.S. drone components market benefits from strong regulatory support forcing the establishment of a domestic supply chain," analyst Craig Irwin said in a note. …

Original source: CNBC Top News

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