Blue Bird Corporation beats earnings estimates, sees increased investment despite recent downgrade.

Blue Bird Corporation, a school bus manufacturer, reported better-than-expected earnings, with $0.86 per share compared to analyst estimates of $0.83. Despite a recent downgrade by Needham & Company, which lowered its price target but maintained a "buy" rating, Blue Bird has seen increased institutional investment and analyst optimism. The company's CFO also recently sold shares, and it offers various types of school buses, including electric options.

2 months ago
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