Morgan Stanley Starts Beta Technologies (BETA) at Overweight

Morgan Stanley analyst Kristine Liwag initiates coverage on Beta Technologies (NYSE: BETA) with a Overweight rating and a price target of $34.00.

The analyst comments: "Beta Technologies (ticker: BETA) develops and manufactures all-electric multi-
mission aircraft with supporting infrastructure for sustainable flight. Beta’s planned offerings include aircraft, batteries, motors, and Ground Support Equipment (GSE), providing support through the operational lifespan of the aircraft. The company initially intends to certify an electric Conventional Take-off and Landing (CTOL)
fixed wing aircraft with the Alia CX300 followed by an electric Vertical Take-off and Landing (VTOL) lift and cruise aircraft with the Alia A250. We expect Beta to receive FAA certification of the Alia CX300 in early 2027 and the Alia A250 in late 2027. We initiate coverage with an Overweight rating, PT of $34 and we see a 3.3:1 positive
risk reward."

For an analyst ratings summary and ratings history on Beta Technologies click here. For more ratings news on Beta Technologies click here.

Shares of Beta Technologies closed at $27.27 yesterday.

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