Canaccord Genuity Reiterates Hold on Vertical Aerospace, Maintains $1.85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller has reiterated a 'Hold' rating on Vertical Aerospace (NYSE:EVTL) and maintained a price target of $1.85.
September 01, 2023 | 2:36 pm
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Canaccord Genuity has reiterated a 'Hold' rating on Vertical Aerospace and maintained a price target of $1.85.
The reiteration of the 'Hold' rating by Canaccord Genuity indicates that they believe the stock is fairly valued at its current price. The maintained price target of $1.85 suggests that they do not expect significant price movement in the short term. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100