Benchmark Reiterates Buy on Archer Aviation, Maintains $12 Price Target
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Josh Sullivan has reiterated a Buy rating on Archer Aviation (NYSE:ACHR) and maintained a $12 price target.
August 11, 2023 | 4:26 pm
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Benchmark analyst has reiterated a Buy rating on Archer Aviation and maintained a $12 price target.
The reiteration of a Buy rating by a Benchmark analyst indicates a positive outlook for Archer Aviation. The maintained price target of $12 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100