AerSale price target lowered to $13 from $19 at Stifel

Stifel analyst Bert Subin lowered the firm’s price target on AerSale to $13 from $19 and keeps a Buy rating on the shares. AerSale reported Q4 sales and adjusted EBITDA that was “below guidance meaningfully” as the timing of asset sales again was delayed, the analyst tells investors. While an investment in the stock “requires some patience,” there could be a “silver lining” if AerAware secures an initial customer, the firm contends.