Raymond James Maintains Outperform on Archer Aviation, Raises Price Target to $9
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Savanthi Syth has maintained an Outperform rating on Archer Aviation (NYSE:ACHR) and raised the price target from $8 to $9.
August 22, 2023 | 11:11 am
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POSITIVE IMPACT
Archer Aviation's price target has been raised from $8 to $9 by Raymond James, maintaining an Outperform rating.
The news of a price target increase and maintained Outperform rating by Raymond James is likely to be seen positively by the market, potentially leading to an increase in Archer Aviation's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100