Aersale (ASLE) PT Lowered to $7 at TD Cowen

March 8, 2024 9:41 AM EST
Get Alerts ASLE Hot Sheet
Price: $5.82 +1.75%

Rating Summary:
    2 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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TD Cowen analyst Gautam Khanna lowered the price target on Aersale (NASDAQ: ASLE) to $7.00 (from $14.00) while maintaining a Market Perform rating.

The analyst commented, "Q4 sales & EBITDA missed by ~40% & ~80%, respectively, extending ASLE's negative revision streak. C24 guidance wasn't provided. PT moves to $7, approx. 14x C24E EV/EBITDA."



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