Despite Management's Asset Commitment, AerSale Faces Margin Risks: Analyst Adjusts Forecasts Reflecting Market Dynamics

Despite Management’s Asset Commitment, AerSale Faces Margin Risks: Analyst Adjusts Forecasts Reflecting Market Dynamics

August 10, 2023

in Stocks

Reading Time: 1 min read

RBC Capital Markets analyst Ken Herbert downgraded AerSale Corp (NASDAQ:ASLE) to Sector Perform from Outperform at a lowered price target of $15 from $20.

The analyst is bearish following worse-than-expected Q2 FY23 financial results and 2023 revenue guidance below estimates.

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Despite Management’s Asset Commitment, AerSale Faces Margin Risks: Analyst Adjusts Forecasts Reflecting Market Dynamics

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Despite Management’s Asset Commitment, AerSale Faces Margin Risks: Analyst Adjusts Forecasts Reflecting Market Dynamics

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