Merlin, Inc. Common Stock (NASDAQ:MRLN) Upgraded to Strong-Buy at TD Cowen

Merlin, Inc. Common Stock (NASDAQ:MRLN) was upgraded by TD Cowen to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Roth Mkm began 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. Wall Street Zen cut Merlin, Inc. Common Stock to a “strong sell” rating in a research report on Saturday, May 23rd. Zacks Research upgraded Merlin, Inc. Common Stock to a “hold” rating in a research report on Wednesday, April 15th. Finally, Weiss Ratings began coverage on Merlin, Inc. Common Stock in a research report on Tuesday, May 26th. They issued a “sell (e-)” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $13.00.

Merlin, Inc. Common Stock Stock Down 1.2%

Merlin, Inc. Common Stock stock opened at $7.18 on Thursday. Merlin, Inc. Common Stock has a 12-month low of $5.78 and a 12-month high of $17.00.

Merlin, Inc. Common Stock Company Profile

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.