Canaccord Genuity Initiates Coverage On Archer Aviation with Buy Rating, Announces Price Target of $9
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Austin Moeller initiates coverage on Archer Aviation (NYSE:ACHR) with a Buy rating and announces a price target of $9.
June 09, 2023 | 10:01 am
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Archer Aviation receives a Buy rating and a $9 price target from Canaccord Genuity analyst Austin Moeller.
The initiation of coverage by Canaccord Genuity with a Buy rating and a price target of $9 indicates a positive outlook for Archer Aviation. This news is likely to attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100