HC Wainwright & Co. Initiates Coverage On Archer Aviation with Buy Rating, Announces Price Target of $12.5
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. has initiated coverage on Archer Aviation with a Buy rating and set a price target of $12.5.
September 03, 2024 | 10:31 am
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HC Wainwright & Co. has initiated coverage on Archer Aviation with a Buy rating and a price target of $12.5, indicating a positive outlook for the stock.
The initiation of coverage with a Buy rating and a specific price target of $12.5 by HC Wainwright & Co. suggests a positive sentiment towards Archer Aviation's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100