Joby Aviation Stock: The Case for Upside Just Got Stronger
JOBYJoby Aviation(JOBY) MarketBeat·2024-07-31 22:27

Joby Aviation TodayJOBYJoby Aviation$6.03 -0.06 (-0.99%) 52-Week Range$4.50▼$8.98Price Target$8.00Add to WatchlistThere is a bull case for Joby Aviation NYSE: JOBY that has nothing to do with the June CPI report, but that report made it stronger. The case is stronger because the CPI was cooler than expected, affirming the outlook for interest rate cuts. The outlook for interest rate cuts means an economic pivot will begin later this year, as early as September, which means better times lie ahead. This means ...