BETA Technologies (NYSE:BETA – Get Free Report) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a note issued to investors on Saturday.
A number of other equities analysts also recently commented on the stock. The Goldman Sachs Group assumed coverage on shares of BETA Technologies in a research report on Monday, December 1st. They set a “buy” rating and a $47.00 target price on the stock. Bank of America started coverage on BETA Technologies in a research note on Monday, December 1st. They issued a “buy” rating and a $35.00 price objective on the stock. Citigroup started coverage on BETA Technologies in a research report on Monday, December 1st. They set a “buy” rating and a $41.00 target price for the company. Cantor Fitzgerald started coverage on BETA Technologies in a research report on Monday, December 1st. They set an “overweight” rating and a $42.00 price target on the stock. Finally, Zacks Research upgraded BETA Technologies to a “hold” rating in a research note on Tuesday, December 2nd. Seven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, BETA Technologies has an average rating of “Moderate Buy” and a consensus target price of $37.88.
Read Our Latest Research Report on BETA Technologies
BETA Technologies Price Performance
BETA Technologies (NYSE:BETA – Get Free Report) last posted its quarterly earnings results on Thursday, December 4th. The company reported ($9.83) EPS for the quarter. The firm had revenue of $8.92 million for the quarter, compared to analysts’ expectations of $7.50 million.
About BETA Technologies
BETA Technologies Inc is an electric aerospace company. It involved in designing, manufacturing and selling high-performance electric aircraft, advanced electric propulsion systems, components and charging systems. BETA Technologies Inc is based in SOUTH BURLINGTON.
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