Goldman Sachs recently made a bold call in the electric vertical takeoff and landing space. The investment firm named BETA Technologies (BETA) as its top pick while taking a cautious stance on competitors.
The financial services giant initiated coverage with a “Buy” rating on BETA, citing the company's strategic approach to certification and its vertically integrated business model. It also assigned “Neutral” ratings to Archer Aviation (ACHR) and Eve Holding (EVEX), while assigning a “Sell” rating to Joby Aviation (JOBY) despite its industry leadership position.
