Merlin, Inc. Common Stock (NASDAQ:MRLN) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Merlin, Inc. Common Stock (NASDAQ:MRLN) to a hold rating in a research report released on Wednesday,Zacks.com reports.

Separately, Roth Mkm started coverage on Merlin, Inc. Common Stock in a report on Tuesday. They set a “buy” rating and a $15.00 price objective on the stock. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $15.00.

Merlin, Inc. Common Stock Stock Down 8.3%

Shares of NASDAQ MRLN opened at $14.76 on Wednesday. Merlin, Inc. Common Stock has a 52 week low of $5.88 and a 52 week 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.