RBC Capital Downgrades AerSale to Sector Perform, Lowers Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
RBC Capital's analyst Ken Herbert has downgraded AerSale (NASDAQ:ASLE) from Outperform to Sector Perform and lowered the price target from $20 to $15.
August 09, 2023 | 9:20 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
AerSale's rating has been downgraded by RBC Capital from Outperform to Sector Perform, with a reduced price target from $20 to $15.
The downgrade from Outperform to Sector Perform by RBC Capital indicates a less optimistic outlook for AerSale. The reduction in price target from $20 to $15 also suggests that the analyst believes the stock may underperform in the future. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100