McEwen:HC Wainwright Raises Buy Rating to $21.5 from $17, PT Raised.

McEwen:HC Wainwright Raises Buy Rating to $21.5 from $17, PT Raised.

HC Wainwright & Co. has raised its price target for Draganfly Inc. (DPRO) to $14.00, maintaining a Buy rating from analyst Scott Buck Draganfly (DPRO) Price Target Raised to $14 by HC Wainwright & Co. | DPRO Stock News^[1]. This marks a significant increase from the previous target of $9.00, representing a 55.56% rise. The analyst's positive outlook underscores confidence in Draganfly's future performance.

Draganfly Inc., based in Canada, specializes in engineering services and the manufacture of commercial unmanned vehicle systems and software. The company operates in Canada, the United States, and internationally, with revenue primarily generated from its Drones segment, which includes the sale of unmanned aerial vehicles (UAVs). The Vital segment focuses on measuring vitals to detect symptoms from large groups of people from a distance, while the Corporate segment covers costs not directly related to the other segments.

Historically, HC Wainwright & Co. has shown consistent support for Draganfly, with a series of Buy ratings and price target adjustments. The most recent changes include:
- On October 8, 2025, the price target was raised from $9.00 to $14.00, with a Buy rating maintained.
- On October 1, 2025, the price target was raised from $6.00 to $9.00, with a Buy rating maintained.
- On August 13, 2025, the price target was maintained at $6.00, with the Buy rating reiterated.
- On July 17, 2025, the price target was increased from $3.50 to $6.00, while maintaining a Buy rating.
- On June 20, 2025, the price target was lowered from $5.00 to $3.50, with the Buy rating maintained.
- On May 9, 2025, the price target was reduced from $7.00 to $5.00, again keeping the Buy rating intact.

The latest rating update suggests a positive outlook for Draganfly, reflecting increased confidence from HC Wainwright & Co. and enhanced growth prospects for the company.