ACHR

Analyst raises price target for Archer Aviation to $18

The analyst notes that the growing use of drones in the Russia-Ukraine conflict encourages investments in defense infrastructure with drones and eVTOL aircraft.

By the SpyStocks desk · 1y ago · 1 min read

⚡️⚡️⚡️⚡️⚡️⚡️ ▶️ Breaking! ▶️

Analyst Amit Dyal from H.C. Wainwright raises the price target for Archer Aviation ($ACHR) to $18.00 from the previous price of $12.00, while maintaining a "Buy" rating on the stock 📣

The reason? 👀

Our followers will have to act surprised... 💡

The analyst noted that - 📣

"The growing use of drones in the ongoing conflict between Russia and Ukraine encourages national defense forces worldwide to significantly improve their defense infrastructure with drones and eVTOL aircraft." 🚁

We continue to follow! 🔎

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