Electric Plane Maker Dubbed ‘Young Tesla’ Wins Over Analysts
Beta Technologies Inc. signage during the company's initial public offering on the floor at the New York Stock Exchange in New York on Nov. 4.
Photographer: Michael Nagle/BloombergWall Street is bullish on Beta Technologies Inc., calling the electric-powered plane maker an early leader in the regional aircraft industry.
Most of the eight analysts who have initiated coverage on the South Burlington, Vermont-based company as of Dec. 1 have a buy-equivalent rating on shares, according to data compiled by Bloomberg. The wave of approval comes a month after Beta’s public-market debut in which it raised $1.02 billion.