Canaccord Genuity Upgrades Vertical Aerospace to Buy, Raises Price Target to $1.5
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller upgraded Vertical Aerospace (NYSE:EVTL) from Hold to Buy and increased the price target from $1 to $1.5.
February 21, 2024 | 1:55 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Canaccord Genuity upgraded Vertical Aerospace to Buy from Hold and raised the price target to $1.5 from $1.
Upgrades by analysts, especially from Hold to Buy, typically signal a positive outlook on the stock, suggesting potential upside. The increase in price target further reinforces the analyst's confidence in the stock's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100