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Archer Aviation Earns Consensus Hold as Analysts Update Coverage

Archer Aviation logoArcher Aviation
Sig1.75Sen+0.28Env+0.40Soc0.00Gov-0.45

HC Wainwright reiterated a buy rating and Wells Fargo set a $18.00 price target for Archer Aviation. The stock rose 0.5%. CFO Priya Gupta sold 10,015 shares, and insiders sold 180,411 shares worth about $1.14 million in the prior quarter. Insider ownership is 5.55%, while ARK Investment and Geode increased stakes; average coverage is “Hold” from nine firms.

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