The Globe and Mail reports in its Tuesday, Dec. 24, edition that H.C. Wainwright analyst Scott Buck is sticking with his "buy" recommendation for Draganfly. The Globe's David Leeder writes that Mr. Buck gave his share target a $2 boost to $7, matching the consensus (all figures U.S.). Mr. Buck is confident that Draganfly will benefit from increasing investor interest, noting that recent industry successes highlight the growing demand for unmanned aerial vehicles. Mr. Buck says in a note: "Since reporting 3Q24 operating results on Nov. 14, 2024, Draganfly shares have increased 65 per cent versus a 4-per-cent decline in the Russell 2000 index. Outperformance, in our view, is largely driven by recent military contract wins within the UAV industry. This includes Red Cat Holdings, subsidiary Teal Drones being selected as the U.S. Army's Short Range Reconnaissance Program of Record in mid-November. This program is believed to generate as much as $270-million of total revenue to RedCat, versus just $16.4-million of total revenue over the past twelve-month period. New contract announcements within the industry, especially from military customers highlight the important role UAVs are likely to play in future war-fighting efforts."