Wall Street can’t ignore this overlooked penny stock anymore

A penny stock that spent months drifting on the fringes of Wall Street chatter is suddenly back in the conversation. Eve Holding (NYSE: EVEX), an urban air mobility developer working on electric vertical takeoff and landing aircraft (eVTOLs), has drawn fresh attention after analysts reiterated Buy calls and lifted price targets. The renewed optimism is not just about “cheap stock” appeal as supporters point to binding aircraft orders and signs that bearish pressure is easing. Bullish analyst outlook on penny stock The clearest signal is the change in tone from covering analysts. Canaccord Genuity’s Austin Moeller recently maintained a Buy rating on Eve Holding with a $7.50 price target, a level that implies significant upside from the stock’s sub-$5 range.…