Despite record revenues, deeper losses have pushed two more analysts to cut target stock price for Wheels Up
Two more analysts cut Wheels Up stock price target following its Q3 earnings call.
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Two more analysts cut Wheels Up stock price target following its Q3 earnings call.
With seven analysts now following a publicly traded Wheels Up, management will be answering questions during its Q3 earnings call. The date, set earlier today, is Nov. 10.
Since becoming a publicly-traded company last month, Wheels Up is earning plaudits from at least one analyst following its first earnings call. At the same time, executives outlined how the private aviation provider deals with record demand that is swamping the industry.
Two more Wall Street analysts have issued opening perspectives on Wheels Up Experience. The private aviation company began trading on the New York Stock Exchange under the symbol UP earlier this month. Both analysts are markedly less bullish than Barrington Research’s Gary Prestopino. He set a price target of $19 to $21 for his 24-month outlook.