Deutsche Bank Maintains Sell on Joby Aviation, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has maintained a 'Sell' rating on Joby Aviation (NYSE:JOBY) but raised the price target from $4 to $6.
July 05, 2023 | 1:36 pm
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Despite the raised price target from $4 to $6, Deutsche Bank maintains a 'Sell' rating on Joby Aviation.
The 'Sell' rating maintained by Deutsche Bank indicates a negative outlook for Joby Aviation's stock. However, the raised price target from $4 to $6 suggests that the bank sees some potential for the stock's price to increase in the short term. This mixed signal could lead to volatility in the stock's price.
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IMPORTANCE 80
RELEVANCE 100