JP Morgan Maintains Neutral on Joby Aviation, Raises Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains a Neutral rating on Joby Aviation (NYSE:JOBY) and raises the price target from $5 to $6.
July 24, 2024 | 2:58 pm
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JP Morgan analyst Bill Peterson maintains a Neutral rating on Joby Aviation and raises the price target from $5 to $6.
The raised price target from $5 to $6 indicates a positive outlook, which could lead to a short-term increase in stock price. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100