AIR Global (NASDAQ:AIIR) Upgraded to Hold at Zacks Research

AIR Global (NASDAQ:AIIR) was upgraded by stock analysts at Zacks Research to a “hold” rating in a research note issued to investors on Thursday, Zacks reports.

A number of other brokerages have also commented on AIIR. Roth Capital initiated coverage on shares of AIR Global in a research report on Wednesday. They set a “buy” rating and a $11.50 price objective for the company. Barclays reiterated an “overweight” rating and issued a $10.00 target price on shares of AIR Global in a research note on Wednesday, August 26th. Finally, Cantor Fitzgerald assumed coverage on AIR Global in a research report on Monday, October 12th. They set an “overweight” rating and a $11.03 target price on the stock. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $10.84.

AIR Global Stock Performance

NASDAQ AIIR opened at $7.79 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.12 and a debt-to-equity ratio of 1.76. The stock has a fifty day moving average of $7.45. AIR Global has a 52-week low of $5.29 and a 52-week high of $13.37.

About AIR Global

Cantor Equity Partners III Inc is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Cantor Equity Partners III Inc is based in NEW YORK.