AerSale price target lowered to $19 from $20 at Stifel

Stifel lowered the firm’s price target on AerSale to $19 from $20 and keeps a Buy rating on the shares. The company’s Q3 sales and adjusted EBITDA were below expectations, but its guidance remained inline with the firm’s estimates, the analyst tells investors. The opportunity in the company remains “substantial” and the firm believes demad will prove strong once sales process truly commences.