Merlin, Inc. Common Stock (NASDAQ:MRLN) Upgraded by TD Cowen to “Strong-Buy” Rating

TD Cowen upgraded shares of Merlin, Inc. Common Stock (NASDAQ:MRLN) to a strong-buy rating in a research report released on Thursday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Zacks Research raised Merlin, Inc. Common Stock to a “hold” rating in a report on Wednesday, April 15th. Wall Street Zen lowered Merlin, Inc. Common Stock to a “strong sell” rating in a report on Saturday, May 23rd. Roth Mkm started coverage on Merlin, Inc. Common Stock in a report on Tuesday, April 14th. They set a “buy” rating and a $15.00 price objective on the stock. Finally, Weiss Ratings started coverage on Merlin, Inc. Common Stock in a research note on Tuesday, May 26th. They set a “sell (e-)” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Merlin, Inc. Common Stock has a consensus rating of “Moderate Buy” and an average price target of $13.00.

Merlin, Inc. Common Stock Stock Down 1.2%

Shares of NASDAQ MRLN opened at $7.18 on Thursday. 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.