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Beta Bets On Big Skies: Analyst Says Aircraft Milestones, Tech Give Early Edge In $1 Trillion Market

Beta Bets On Big Skies: Analyst Says Aircraft Milestones, Tech Give Early Edge In $1 Trillion Market

Electric aircraft manufacturer Beta Technologies Inc. (NYSE:BETA) completed its initial public offering on the New York Stock Exchange in November, raising over $1 billion.Here are some takeaways from analyst initiation notes:BTIG analyst Andre Madrid started coverage with a Buy rating and a $40 price target.Needham analyst Chris Pierce initiated coverage, a Buy rating, and a price target of $34.BofA Securities analyst Ronald Epstein began coverage with a Buy rating and a $35 price target.Check out other analyst stock ratings.BTIG: Beta is in the process of developing electric aircraft, electric propulsion systems, charging systems, and associated components, Madrid said. The company's "unique ...Full story available on Benzinga.com

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