Merlin, Inc. Common Stock (NASDAQ:MRLN) Coverage Initiated at TD Cowen

Equities research analysts at TD Cowen began coverage on shares of Merlin, Inc. Common Stock (NASDAQ:MRLN) in a report released on Wednesday. The firm set a “buy” rating and a $11.00 price target on the stock. TD Cowen’s price objective would suggest a potential upside of 44.55% from the company’s previous close.

Other equities analysts have also issued reports about the stock. Weiss Ratings started coverage on shares of Merlin, Inc. Common Stock in a research report on Tuesday, May 26th. They set a “sell (e-)” rating on the stock. Zacks Research raised shares of Merlin, Inc. Common Stock to a “hold” rating in a research report on Wednesday, April 15th. Roth Mkm started coverage on shares of Merlin, Inc. Common Stock in a research report on Tuesday, April 14th. They set a “buy” rating and a $15.00 price target on the stock. Finally, Wall Street Zen lowered shares of Merlin, Inc. Common Stock to a “strong sell” rating in a research report on Saturday, May 23rd. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Merlin, Inc. Common Stock presently has an average rating of “Hold” and an average target price of $13.00.

Merlin, Inc. Common Stock Price Performance

NASDAQ MRLN opened at $7.61 on Wednesday. Merlin, Inc. Common Stock has a 52-week low of $5.78 and a 52-week high of $17.00.

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.