BETA Technologies Stock (NYSE: BETA) Surges as BofA Raises Price Target and U.S. DOT Unveils Advanced Air Mobility Roadmap
BETA Technologies shares rose 6.83% to $29.88 on December 18 after Bank of America raised its price target to $37 and the U.S. Department of Transportation announced a national strategy for advanced air mobility. The stock, which debuted in November at $34 per share, touched an intraday high of $30.49. Trading volume was lighter than usual.