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AIRO Group Stock Soars 12.3% on BTIG's Buy Rating
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jul 11, 2025 8:29 am ET1min read
AIRO Group's stock surged 12.3% in pre-market trading on July 11, 2025, marking a significant rise for the company.
BTIG Research initiated coverage on
, assigning a "buy" rating and setting a target price of $26.00. This positive outlook reflects the firm's confidence in the company's potential for growth and success in the urban air mobility and drone ecosystem sectors.AIRO Group has been a standout performer in 2025, with its shares jumping approximately 140% since its IPO in June. The company's strong performance can be attributed to its innovative products and services in the aerospace and defense sectors, particularly in the development and manufacturing of drones and avionics for military and general aviation.
AIRO Group's leadership, including CEO Joe Burns and Executive Chairman Chirinjeev Kathuria, has been vocal about the company's future plans. They have emphasized the importance of innovation and synergy in driving the future of aerospace, drones, and urban air mobility, which has further bolstered investor confidence in the company.
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