Joby Aviation shares are trading higher after Canaccord Genuity maintained a Buy rating on the stock and raised its price target from $8 to $11.
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on Joby Aviation's stock and increased its price target from $8 to $11. This has led to a rise in Joby Aviation's share prices.
June 30, 2023 | 10:34 am
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Joby Aviation's stock price is trading higher after Canaccord Genuity maintained a Buy rating and raised its price target from $8 to $11.
The increase in Joby Aviation's share price is directly linked to Canaccord Genuity's maintained Buy rating and increased price target. This positive analyst rating and higher price target suggest a bullish outlook for the stock, which can attract more investors and drive up the stock price.
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