Archer Aviation price target raised to $8.50 from $7.50 at Canaccord
The Fly

Archer Aviation price target raised to $8.50 from $7.50 at Canaccord

Canaccord raised the firm’s price target on Archer Aviation (ACHR) to $8.50 from $7.50 and keeps a Buy rating on the shares. The firm said on the type certification front, Archer is nearly complete with Phase 3 (of 4) after being issued the Midnight eVTOL’s airworthiness criteria in May.

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