HawkEye 360 Stock Price Target Cut to $28.00 by Royal Bank Of Canada

HawkEye 360 (NYSE:HAWK) stock price target cut to $28.00 by Royal Bank Of Canada, representing a potential upside of 81.94% from the company's current price.

The brokerage currently has an 'outperform' rating on the stock, which suggests that investors may see significant gains in the future.

Insiders have sold shares of HawkEye 360 recently, including CFO Craig Chih-Meng Searle who sold 9,228 shares at $16.29 per share to cover tax withholding obligations related to the vesting of equity awards.

The company's stock has been subject to various research reports from analysts, with two investment analysts rating it a Strong Buy and eight issuing a Buy rating.