BETA Technologies (NYSE:BETA) Stock Rating Lowered by Wall Street Zen

BETA Technologies (NYSE:BETAGet 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 stock opened at $30.10 on Friday. BETA Technologies has a twelve month low of $22.40 and a twelve month high of $39.50.

BETA Technologies (NYSE:BETAGet 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

(Get Free Report)

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.

Further Reading

Analyst Recommendations for BETA Technologies (NYSE:BETA)

Receive News & Ratings for BETA Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BETA Technologies and related companies with MarketBeat.com's FREE daily email newsletter.