Barclays Maintains Equal-Weight on Archer Aviation, Lowers Price Target to $4.5
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandon Oglenski maintains an Equal-Weight rating on Archer Aviation (NYSE:ACHR) but lowers the price target from $6.5 to $4.5.
May 17, 2024 | 5:22 pm
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Barclays analyst Brandon Oglenski maintains an Equal-Weight rating on Archer Aviation but lowers the price target from $6.5 to $4.5.
The lowered price target from $6.5 to $4.5 by Barclays suggests a less optimistic outlook for Archer Aviation's stock performance, which could lead to a short-term decline in its stock price.
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