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 24, 2024 | 2:56 pm
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POSITIVE IMPACT
JP Morgan analyst Bill Peterson maintains an Overweight rating on Archer Aviation and raises the price target from $5 to $6.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to boost investor confidence in Archer Aviation, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100