JP Morgan Maintains Neutral on Joby Aviation, Lowers Price Target to $5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bill Peterson maintains a Neutral rating on Joby Aviation and lowers the price target from $6 to $5.
October 29, 2024 | 3:10 pm
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JP Morgan has maintained a Neutral rating on Joby Aviation but lowered the price target from $6 to $5, indicating a less optimistic outlook.
The lowering of the price target by JP Morgan suggests a less optimistic view on Joby Aviation's short-term performance, which could lead to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100