Archer Aviation receives consensus Hold rating from nine brokerages
Based on · First reported
Sources
- Archer Aviation Inc. was given a consensus recommendation of "Hold" by nine research firms, with one analyst rating the stock as a sell, three as hold and five as buy.
- The average 1‑year target price for the shares is $11.50, while Cantor Fitzgerald reissued an overweight rating with an $11.00 price objective on August 11, and hedge funds hold 59.34% of the stock, which has a market capitalisation of $3.88 billion.
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