The Globe and Mail reports in its Friday, Nov. 17, edition that Aegis Capital analyst Rommel Dionisio has reaffirmed his "buy" rating for Draganfly. The Globe's David Leeder writes that Mr. Dionisio still targets the shares at $3. Analysts on average target the shares at $3.30. The Globe says Mr. Dionisio expects to see an "acceleration in top line growth over the next several quarters." Draganfly is soon opening a new manufacturing and production facility. Mr. McCrea says in a note: "This new facility should help enable the company to better fulfill the strong order book for its products and solutions, particularly for heavy drones such as the Heavy Lift and Commander 3 XL models. In addition, Draganfly continues to progress in building its business in the Ukraine, a market which has expanded sharply in recent periods due to the ongoing conflict in that region. Draganfly successfully completed training and demonstrations with emergency and first responder agencies in Ukraine, and also expanded its joint venture program with its strategic partner in that region. Finally, Draganfly recently entered into an agreement to provide drone training services to Ministry of Internal Affairs pilots in the Ukraine."
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