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Northland Securities Sticks to Its Buy Rating for Draganfly (DPRO)

Tipranks - Tipranks - Wed Feb 4, 8:50AM CST

In a report released today, Michael Latimore from Northland Securities maintained a Buy rating on Draganfly, with a price target of $20.00.

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Latimore covers the Technology sector, focusing on stocks such as Rezolve AI, Ondas Holdings, and Gorilla Technology Group Inc.. According to TipRanks, Latimore has an average return of 16.6% and a 41.62% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Draganfly with a $16.00 average price target.

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DPRO market cap is currently C$231.9M and has a P/E ratio of -4.12.

Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DPRO in relation to earlier this year.

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