Blue Bird: Not Shot Down, Merely Moderated
BLBDBlue Bird(BLBD) Seeking Alpha·2024-08-11 23:36

Olena_T We previously covered Blue Bird Corporation (NASDAQ:NASDAQ:BLBD) in May 2024, discussing its robust prospects, thanks to the pent-up demand for school bus replacements after multiple delays over the past three years. Combined with the improved sales across electric/ low-emission school buses against its competitors, compared to the massive electrification trend over the next decade, we had initiated a Buy rating upon a moderate retracement for an improved margin of safety. Since then, BLBD has retra ...