Why Ondas Holdings Stock Jumped on Monday

Shares of communication and network company Ondas Holdings (NASDAQ: ONDS) jumped sharply on Monday. The stock soared as much as 23.8% and was up about 19% as of 10:45 a.m. EST.

The tech stock's gain was driven by an analyst's move to initiate coverage of the stock with an outperform rating and a big 12-month price target.

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Source Fool.com