Why I'm Trimming My AerSale Stock Price Target By More Than 30%
AerSale(ASLE) Seeking Alpha·2024-08-22 02:27
Jetlinerimages/iStock via Getty ImagesIn April, I maintained my strong buy rating on AerSale stock (NASDAQ:ASLE) despite the lack of tangible progress on its AerAware rollout to customers. AerSale is a business that has lumpy elements such as asset sales, and the only reason why I like the stock is the prospect of AerAware, and as I discuss in this report, the progress on that product rollout has been lackluster. However, I keep following the stock, and in this report, I will analyze the most recent ear ...