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2024-11-22 09:37:35
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2024-11-22 09:37:35Event JSON
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"Archer Aviation, a developer of electric vertical take-off and landing (eVTOL) aircraft, has struggled since its public debut three years ago. Despite missing expectations, analysts still have a positive outlook, with an average price target of $9.06. The company has secured deals with major partners, including United Airlines and Stellantis, and plans to ramp up production and launch air taxi services. However, it faces stiff competition and is not expected to break even anytime soon."
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