Barrington Research analyst Gary Prestopino gives Wheels Up an outperform rating and says its stock price could double
Wheels Up celebrated its IPO and the first day of trading on the New York Stock Exchange last week. It can also cheer what appears to be a solid report card from Barrington Research’s Gary Prestopino.
As it looks ahead towards its IPO via SPAC merger, Wheels Up reports revenues, memberships and flying is up while its financial loss is down
Wheels Up for the first time reported quarterly results. They come ahead of its planned merger with SPAC Aspirational Consumer Lifestyle Corp. Once completed, Wheels Up will trade on the NYSE under the ticker symbol UP.