🔴 ONDS is trading 4.7% down today as Needham cuts its price target to $19

ONDS is trading 4.7% down at $7.46 after Needham maintained its Buy rating but lowered its price target from $23 to $19.

• The revised target from Needham tempers recent optimism regarding the stock’s upside potential while maintaining a positive overall rating.
• This pullback follows a period of aggressive growth expectations, with investors now reassessing valuation and risk in light of the updated price target.