Archer Aviation Earns Consensus Hold as Analysts Update Coverage
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.