Roth Mkm Initiates Coverage on Merlin, Inc. Common Stock (NASDAQ:MRLN)

Equities research analysts at Roth Mkm started coverage on shares of Merlin, Inc. Common Stock (NASDAQ:MRLN) in a report issued on Tuesday. The brokerage set a “buy” rating and a $15.00 price target on the stock. Roth Mkm’s price objective suggests a potential upside of 28.64% from the company’s previous close.

Merlin, Inc. Common Stock Stock Up 7.4%

MRLN stock opened at $11.66 on Tuesday. Merlin, Inc. Common Stock has a fifty-two week low of $5.88 and a fifty-two week high of $14.60.

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.