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Benzinga
Benzinga
Business
Chris Katje

This eVTOL Stock Has A Trillion Dollar Opportunity: Analyst

Archer Bill Peterson SPAC Archer Aviation

Anytime a company or sector has a trillion-dollar market opportunity, it causes some excitement for investors. That’s what happened Thursday with a new analyst note on a company that went public via SPAC merger in 2021.

The Archer Aviation Analyst: JPMorgan analyst Bill Peterson initiated coverage on Archer Aviation Inc (NYSE:ACHR) with an Overweight rating and a price target of $7.

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