Shares of Ondas Holdings Inc. (ONDS) are soaring 5.26% in pre-market trading on Friday, following a series of positive analyst ratings and price target upgrades. The surge in stock price comes as multiple research firms express confidence in the company's future prospects.

Oppenheimer analyst Timothy Horan led the charge by upgrading Ondas Holdings to a Buy rating and setting a price target of $12.00. This bullish stance was echoed by Ladenburg Thalmann & Co., which reiterated its Buy rating with a price target of $13.00. Adding to the positive sentiment, Northland Securities analyst Michael Latimore maintained a Buy rating on ONDS with a price target of $10.00.

The consensus among these analysts suggests strong confidence in Ondas Holdings' business model and growth potential. While specific reasons for the optimism were not detailed in the available news, the multiple positive ratings from reputable firms are likely driving investor enthusiasm and contributing to the stock's pre-market rally. Investors will be watching closely to see if this momentum carries through the regular trading session and beyond.