Lilium N.V. (Nasdaq: LILM), the developer of the first all-electric vertical take-off and landing (eVTOL) jet, has announced a partnership with Shenzhen Eastern General Aviation Co., Ltd (Heli-Eastern) in China.

Under the agreement, Heli-Eastern plans to order 100 Lilium Jets and collaborate on identifying vertiport sites. Upon type-certification, Heli-Eastern will be responsible for operating the jets and providing crewing and maintenance services.

In addition, Lilium has signed a Memorandum of Understanding (MOU) with the Bao'an District of Shenzhen to establish an eVTOL service in the Greater Bay Area.

$LILM closed at $1.27, down $0.08 (-5.93%) on Friday.

Zscaler, Inc. (Nasdaq: ZS), a leading cloud security company, received positive assessments from Wells Fargo and BMO Capital. 

Wells Fargo raised its price target for Zscaler from $175 to $200, while BMO Capital raised it from $150 to $175. 

$ZS closed at $154.01 on Friday

On the other hand, Arthur J. Gallagher & Co. (NYSE: AJG), a prominent insurance brokerage and risk management firm, witnessed upward price target revisions from RBC Capital and Evercore ISI Group. 

RBC Capital raised the price target for Arthur J. Gallagher from $230 to $240, while Evercore ISI Group increased it from $231 to $233. 

On Friday, $AJG closed at $213.78.

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