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

Merlin, Inc. Common Stock (NASDAQ:MRLN) was upgraded by stock analysts at TD Cowen to a “strong-buy” rating in a report released on Thursday,Zacks.com reports.

Several other research firms have also recently weighed in on MRLN. Roth Mkm began coverage on Merlin, Inc. Common Stock in a report on Tuesday, April 14th. They set a “buy” rating and a $15.00 price target on the stock. Weiss Ratings assumed coverage on Merlin, Inc. Common Stock in a report on Tuesday, May 26th. They issued a “sell (e-)” rating on the stock. Zacks Research upgraded Merlin, Inc. Common Stock to a “hold” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen cut Merlin, Inc. Common Stock to a “strong sell” rating in a report on Saturday, May 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.00.

Merlin, Inc. Common Stock Trading Down 1.2%

NASDAQ:MRLN opened at $7.18 on Thursday. Merlin, Inc. Common Stock has a 1-year low of $5.78 and a 1-year 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.