Eve Holding price target lowered to $7 from $8.50 at Canaccord

Canaccord lowered the firm’s price target on Eve Holding to $7 from $8.50 and keeps a Buy rating on the shares. The firm said they are progressing through its methodical development of an initial mass-market eVTOL aircraft for core urban air mobility (UAM) applications and are well-prepared to bring their own (less complex) platform to market by late 2026.