AerSale Reports Second Quarter 2024 Results

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Aersale (ASLE) PT Lowered to $8 at RBC Capital

August 8, 2024 6:18 AM EDT

RBC Capital analyst Ken Herbert lowered the price target on Aersale (NASDAQ: ASLE) to $8.00 (from $10.00) while maintaining a Sector Perform rating.

The analyst comments "AerSale Corporation (ASLE) reported 2Q24 revenues of $77M, up 11% YoY, but (12%) lower than consensus. Adj. EBITDA was $3.2M compared to... More