JP Morgan Maintains Overweight on Archer Aviation, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains an Overweight rating on Archer Aviation (NYSE:ACHR) and raises the price target from $5 to $6.
July 19, 2023 | 11:16 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan maintains an Overweight rating on Archer Aviation and raises the price target from $5 to $6, indicating a positive outlook for the company.
The news of JP Morgan maintaining an Overweight rating on Archer Aviation and raising the price target from $5 to $6 indicates a positive outlook for the company. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100