Draganfly Stock Price Target Reduced to $12 by Needham Following Revenue Miss

AI Summary

Needham has lowered its price target for Draganfly to $12 after the company reported a revenue miss. This adjustment in the price target indicates a reassessment of the stock's potential given the updated revenue figures. The market typically reacts to such price target changes, which may impact investor sentiment and trading patterns. Further details on the specific revenue numbers were not disclosed.