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Bell Potter upgrades DroneShield but lowers price target — Capital Brief


Bell Potter upgrades DroneShield but lowers price target — Capital Brief

The news: Analysts at Bell Potter raised their recommendation for DroneShield to “buy” but lowered their price target for the stock following a capital increase by the company. The numbers: Due to the dilutive impact of the capital raise and higher operating expenses, the brokerage firm has lowered its earnings per share forecast for DroneShield […]