Needham Lowers Archer Aviation Inc. (ACHR) Price Target to $9

Group 1 - Needham & Company lowered Archer Aviation Inc.'s price target to $9 from $10 while maintaining a Buy rating after the company's fourth-quarter results [1] - Archer Aviation reported approximately $2.0 billion in total liquidity, its highest level to date, which supports commercialization efforts and manufacturing ramp-up [2] - The company is expanding its flight testing program and increasing production of its Midnight aircraft, targeting its first passenger-carrying flights in 2026 [3] Group 2 - Archer Aviation is ranked seventh among 12 low price high volume stocks to buy, focusing on electric vertical take-off and landing (eVTOL) aircraft for urban air mobility [4]

Needham Lowers Archer Aviation Inc. (ACHR) Price Target to $9 - Reportify