AEye Stock Jumps After Craig-Hallum Buy Rating Puts LIDR Turnaround in Focus
AEye Inc. surged more than 30% Friday, fueled by Craig-Hallum’s new coverage on the lidar maker. The firm set a buy rating and tagged the shares with a $3.50 price target—yet another analyst move in what’s already been an active week for this small-cap name. Shares traded up roughly 33% to $2.25 by early afternoon, after hitting $3.03. Volume blew past 97 million shares.
