Drone

Benzinga - Dec 18th, 2024

Score 6.2

Unusual Machines Revenue Could Double In 2025, Under Trump Administration, Says Analyst

Shares of Unusual Machines Inc (NYSE:UMAC) skyrocketed more than 375% over the past month on news that Donald Trump Jr is joining its advisory board.The company is entering military drone components, which is expected to generate "material sales" in the fourth quarter, according to Maxim Group.Analyst Matthew Galinko initiated coverage of Unusual Machines with a Buy rating and a price target of $18.The Unusual Machines Thesis: Bipartisan legislation blocking some or ...Full story available on Benzinga.com