BofA raised the firm’s price target on Beta Technologies (BETA) to $37 from $35 and keeps a Buy rating on the shares after the company reported their first earnings since going public on November 3. The firm’s raised target reflects increased revenue estimates from stronger results and partnerships, the analyst tells investors.
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- Beta Technologies reports Q3 EPS ($9.83) vs. ($1.81) last year
- Beta Technologies sees FY25 revenue $29M-$33M, consensus $30.46M
