ACHR Crosses Above Average Analyst Target
December 02, 2024 at 07:04 AM EST
In recent trading, shares of Archer Aviation Inc (ACHR) have crossed above the average analyst 12-month target price of $9.28, changing hands for $9.57/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
