Canaccord Genuity Reiterates Buy on Joby Aviation, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Austin Moeller has reiterated a 'Buy' rating on Joby Aviation (NYSE:JOBY) and maintained an $8 price target.
June 28, 2023 | 6:26 pm
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Joby Aviation's stock rating has been reiterated as 'Buy' by Canaccord Genuity with a maintained price target of $8.
The reiteration of a 'Buy' rating by Canaccord Genuity indicates their continued confidence in Joby Aviation's stock. The maintained price target of $8 also suggests that they believe the stock is undervalued, which could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100