Merlin, Inc. Common Stock (NASDAQ:MRLN) Now Covered by Analysts at TD Cowen

TD Cowen initiated coverage on shares of Merlin, Inc. Common Stock (NASDAQ:MRLN) in a report released on Wednesday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $11.00 target price on the stock.

A number of other equities research analysts have also commented on the company. Roth Mkm started coverage on Merlin, Inc. Common Stock in a research report on Tuesday, April 14th. They issued a “buy” rating and a $15.00 target price on the stock. Weiss Ratings started coverage on Merlin, Inc. Common Stock in a research report on Tuesday, May 26th. They issued a “sell (e-)” rating on the stock. Wall Street Zen lowered Merlin, Inc. Common Stock to a “strong sell” rating in a research report on Saturday, May 23rd. Finally, Zacks Research upgraded Merlin, Inc. Common Stock to a “hold” rating in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $13.00.

Merlin, Inc. Common Stock Trading Down 4.5%

MRLN opened at $7.27 on Wednesday. Merlin, Inc. Common Stock has a 52-week low of $5.78 and a 52-week high of $17.00.

About Merlin, Inc. Common Stock

Merlin Inc is focused on developing autonomous flight software for legacy and next-generation airborne systems. Its aircraft-agnostic, AI-based software supports takeoff-to-landing autonomous operations for military and civil aviation programs. The company aims to build an AI-based operating software platform intended to support autonomous flight operations across a range of aircraft types.