1 Wall Street Analyst Thinks Archer Aviation Stock Is Heading to $6. Is It a Buy?
Archer Aviation (ACHR) The Motley Fool·2024-08-03 07:57
Is Archer Aviation stock poised to soar in the near future?Archer Aviation (ACHR 0.25%) stock has seen some volatile swings this year. The flying taxi stock has climbed roughly 17% over the last month, but it's still down 35% across the year's trading. In a research note published on July 24, JPMorgan reiterated an overweight rating on Archer Aviation and raised its one-year price target on the stock from $5 per share to $6 per share. With the company currently trading at roughly $4 per share, the new price ...