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Mobilicom stock initiated with Buy rating at Litchfield Hills on drone tech potential
Mobilicom Ltd (NASDAQ:MOB) has received a “Buy” rating initiation from Litchfield Hills Research with a $10.00 price target, based on its potential in drone technology. The firm highlights Mobilicom as a unique small-cap UAS technology company serving military and commercial clients, noting its strong financials and recent milestone of its SkyHopper product being placed on the Defense Innovation Unit’s Blue List. Recent orders and leadership appointments further underscore the company’s growth and strategic advancements.