EVEX Similar Chart Price Prediction
The price of EVEX is predicted to go up -0.37%, based on the high correlation periods with FLS. The similarity of these two price pattern on the periods is 91.39%.
EVEX
FLS
Down: -0.37%Similarity: 91.39%
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EVEX Analyst's Forecast
Austin Moeller
Canaccord Genuity
Strong Buy
2024-12-02
Price Target
$6.75 → $7
Upside
+68.27%
Canaccord analyst Austin Moeller raised the firm's price target on Eve Holding (EVE) to $7 from $6.75 and keeps a Buy rating on the shares. The firm said Eve's improved liquidity position thanks to favorable financing terms from the BNDES (Brazilian National Development Bank), combined with the backing of parent company Embraer (ERJ), places the company in an improved position to proceed with flight testing and certification through ANAC through 2027, which is expected to be followed by a secondary type certificate from the FAA.
