Vertical Aerospace Unfairly Undervalued, Says Bullish Analyst

D. Boral Capital analyst Jesse Sobelson initiated coverage on Vertical Aerospace Ltd. EVTL on Thursday with a Buy rating and a price forecast of $15.The analyst notes that the company has recently positioned itself as one of the few remaining European-based players in the increasingly competitive electric vertical takeoff and landing (eVTOL) aircraft market.While some European competitors have struggled financially, EVTL recently secured strategic investments and provided an updated long-term roadmap in lat ...