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DroneShield Shares Upgraded: Growth Potential Unveiled
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Overview
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DroneShield Ltd (ASX: DRO) shares, previously downgraded, have been upgraded by Bell Potter to a buy rating with a 90 cents price target, showing a 46% potential upside. The company is viewed favorably for its growth prospects tied to defense spending and AI/ML technology. Bell Potter is optimistic about DroneShield's robust sales pipeline.
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How might the upgraded rating impact investor sentiment towards DroneShield and the broader tech industry?
In what ways could the increasing global defense expenditure further bolster DroneShield's growth trajectory?
What competitive strategies could DroneShield leverage to maintain its market position amidst evolving AI/ML technologies?
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