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 targets. The surge in investor confidence comes as multiple financial firms express optimism about the company's prospects.

Leading the bullish sentiment, Oppenheimer analyst Timothy Horan upgraded Ondas Holdings to a Buy rating, setting a price target of $12.00. This upgrade signifies a strong vote of confidence in the company's potential for growth and profitability in the technology sector.

Adding to the positive outlook, Ladenburg Thalmann & Co. reiterated their Buy rating on Ondas Holdings, maintaining a price target of $13.00. Similarly, Northland Securities analyst Michael Latimore reaffirmed a Buy rating with a price target of $10.00. These consistent Buy ratings from multiple analysts suggest a consensus of optimism regarding Ondas Holdings' future performance.

The pre-market rally indicates that investors are responding favorably to these analyst recommendations, driving up demand for ONDS shares. As the market opens, it will be interesting to see if this momentum continues and whether Ondas Holdings can sustain its upward trajectory based on these positive assessments.