RW Baird and Jefferies analysts set target prices for Wheels Up at $12 and $13 per share
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.
A&K will offer custom and members-only trips for Wheels Up members as the two companies announce a new partnership
If it’s Thursday, Wheels Up must be announcing a new partnership. Or we should say Wheels Up Experience, the new official name for the publicly traded private aviation provider.
Renamed Wheels Up Experience is now trading on the New York Stock Exchange under the symbol UP. Here’s how it got there…
It was a cold New York morning just over two-and-a-half years ago that Wheels Up founder and CEO Kenny Dichter announced on CNBC he had hired Bank of America and Goldman Sachs to explore strategic initiatives. Yesterday, he rang the closing bell at the New York Stock Exchange, marking the private aviation provider’s first day as a publicly traded company.
Wheels Up replaces Delta Private Jets as the exclusive American Express Premium Private Jet Program provider for U.S. Centurion and Platinum cardmembers
Wheels Up is the new American Express Premium Private Jet Program partner. It replaces Delta Private Jets, the Amex partner since 2016. Wheels Up, of course, purchased Delta Private Jets in a deal that closed a year ago in January. In other words, Wheels Up essentially renewed the existing DPJ partnership. However, that analysis ignores that the terms of the new relationship are significantly different.