Breaking: Archer Aviation Lands Up to $142M in Contracts; Bullish Stance On Apple
- July 31st, 2023
- 503 views
Archer Aviation Inc. (NYSE: ACHR) has expanded its partnership with the U.S. Department of Defense (DoD) through new contracts with the U.S. Air Force valued at up to $142 million
Archer will deliver up to six of its Midnight aircraft to the Air Force, share additional flight test data and certification-related test reports, provide pilot training, and collaborate on the development of maintenance and repair operations.
$ACHR is currently trading at $4.94 in pre-market, up $0.16 (+3.34%)
In other news, Apple Inc. (Nasdaq: AAPL), a renowned technology giant, received a positive evaluation from Piper Sandler, as the investment firm maintained an "Overweight" rating and raised the price target from $180 to $220.
Based on the Friday closing price of $195.83 for $AAPL, the revised price target implies a potential upside of $24.17, approximately 12.35%, as per Piper Sandler's analysis.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
Countdown to Earnings: Nutanix, CrowdStrike, and Synopsys on Deck
August 23rd, 2026Investors Eye Semtech, Intuit, and nCino as Earnings Loom
August 22nd, 2026FTC Files Amicus Brief to Protect Competition in Biologic Drug Markets
August 21st, 2026
Member Login