Benzinga | Sep 1, 2021 04:31PM EDT

Analysts See 60% To 82% Upside In Blade Air Mobility's Stock

* Deutsche Bank initiated coverage on Blade Air Mobility Inc (NASDAQ:BLDE) with a Buy rating and a price target of $15, implying an upside of 71.4%.

* In total, three analyst firms have reported ratings for Blade Air Mobility. Credit Suisse recently initiated coverage with an Outperform rating and $14 price target, implying an upside of 59.34%.

* Citigroup maintained a Buy rating and a price target of $16, implying an upside of 82.1%.

* Price Action: BLDE shares closed higher by 4% at $8.85 on Wednesday.