Red Cat Holdings, Inc. (NASDAQ:RCAT – Get Free Report) shares fell 8.9% during trading on Thursday . Northland Securities set a $22.00 price target on Red Cat in a research note on Tuesday, January 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of Red Cat in a report on Thursday, January 22nd. Through its UAS segment, Red Cat designs and manufactures small to medium-sized fixed-wing and vertical-takeoff drones that support intelligence, surveillance and reconnaissance (ISR) missions. Recommended StoriesReceive News & Ratings for Red Cat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Red Cat and related companies with MarketBeat.com's FREE daily email newsletter.