D. Boral Capital restated their buy rating on shares of New Horizon Aircraft (NASDAQ:HOVR – Free Report) in a report released on Wednesday morning,Benzinga reports. The firm currently has a $2.00 price objective on the stock.
Separately, EF Hutton Acquisition Co. I raised shares of New Horizon Aircraft to a “strong-buy” rating in a research report on Monday, October 7th.
Read Our Latest Stock Report on New Horizon Aircraft
New Horizon Aircraft Price Performance
New Horizon Aircraft (NASDAQ:HOVR – Get Free Report) last released its quarterly earnings data on Thursday, October 10th. The company reported ($0.11) earnings per share for the quarter.
About New Horizon Aircraft
New Horizon Aircraft Ltd., an aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States. The company is developing Cavorite X7, a hybrid electric 7-seat aircraft that can take off and land vertically like and helicopter.
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