Merlin, Inc. Common Stock (NASDAQ:MRLN) Coverage Initiated by Analysts at Cantor Fitzgerald

Cantor Fitzgerald started coverage on shares of Merlin, Inc. Common Stock (NASDAQ:MRLNFree Report) in a research report sent to investors on Thursday morning, MarketBeat reports. The firm issued an overweight rating and a $11.00 target price on the stock.

Several other equities analysts have also weighed in on the company. Zacks Research raised Merlin, Inc. Common Stock to a “hold” rating in a report on Wednesday, April 15th. Wall Street Zen lowered Merlin, Inc. Common Stock to a “strong sell” rating in a research note on Saturday, May 23rd. Weiss Ratings raised shares of Merlin, Inc. Common Stock from a “sell (e-)” rating to a “sell (e)” rating in a research note on Tuesday, June 9th. TD Cowen raised Merlin, Inc. Common Stock to a “strong-buy” rating in a report on Thursday, June 4th. Finally, Roth Capital started coverage on shares of Merlin, Inc. Common Stock in a research report on Tuesday, April 14th. They set a “buy” rating and a $15.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $12.33.

View Our Latest Analysis on MRLN

Merlin, Inc. Common Stock Price Performance

Shares of NASDAQ:MRLN opened at $4.50 on Thursday. The company has a fifty day simple moving average of $6.86. The company has a market cap of $434.34 million, a P/E ratio of -12.16 and a beta of 1.70. Merlin, Inc. Common Stock has a 1 year low of $4.16 and a 1 year high of $17.00.

About Merlin, Inc. Common Stock

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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.

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Analyst Recommendations for Merlin, Inc. Common Stock (NASDAQ:MRLN)

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