CORRECTION: Cantor Fitzgerald Reiterates Overweight on Archer Aviation, Maintains $10 Price Target - Price Target Updated (Published on 23rd June)
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard reiterates an Overweight rating on Archer Aviation (NYSE:ACHR) and maintains a $10 price target.
June 27, 2023 | 1:31 pm
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Cantor Fitzgerald analyst Andres Sheppard reiterates an Overweight rating on Archer Aviation (NYSE:ACHR) and maintains a $10 price target.
The news of Cantor Fitzgerald reiterating an Overweight rating on Archer Aviation and maintaining a $10 price target is positive for the stock. This shows that the analyst has confidence in the company's growth potential and believes the stock is undervalued. This could lead to increased investor interest and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100