Aug. 21 at 11:12 AM
$EVEX Eve Holding initiated with a Buy at D. Boral Capital
6:13 AM
D. Boral Capital analyst Patrick McCann initiated coverage of Eve Holding with a Buy rating and
$6 price target. The company is developing an electric vertical takeoff and landing aircraft and broader urban air mobility ecosystem, the analyst tells investors in a research note. The firm cites Eve's strategic relationship with Embraer, "sizable" commercial pipeline, progress toward certification, and attractive long-term opportunity for the Buy rating.