NEW YORK: Wall 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 US$1.02 billion.
