BAER is undervalued after acquiring Super Scooper jets that should boost profitability and government contracts, with upcoming catalysts and insider buying supporting an $8 target.
Unpriced research observations (excluded from Calls and Returns):
BAER — LONG The author holds a small position and will add on dips because BAER recently acquired two Super Scooper jets that he argues will boost profitability and win new government contracts. He believes current prices are undervalued, with upcoming contract announcements and a chairman purchase of $500,000 as supporting catalysts. His price target is $8 before trimming. resolved_entity_name_mismatch
They recently acquired 2x new “Super Scooper” jets which will boost profitability and new government contracts. Current prices are undervalued given these purchases imp.