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