Stifel Nicolaus Initiates Coverage on Dragonfly Energy (NASDAQ:DFLI)

Stifel Nicolaus initiated coverage on shares of Dragonfly Energy (NASDAQ:DFLIGet Rating) in a research note issued to investors on Thursday, The Fly reports. The brokerage issued a buy rating and a $12.00 price target on the stock.

Dragonfly Energy Stock Up 1.7 %

NASDAQ:DFLI opened at $8.52 on Thursday. Dragonfly Energy has a 52 week low of $6.75 and a 52 week high of $27.95.

About Dragonfly Energy

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Dragonfly Energy Holdings Corp. manufactures and supplies deep cycle lithium-ion batteries for RVs, marine vessels, off-grid installations, and other storage applications. It also focuses on delivering an energy storage solution to enable a sustainable and reliable smart grid through the deployment of its solid-state cell technology.

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