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Archer Aviation reported a quarterly loss but saw stock rise, maintaining a "Moderate Buy" rating.
Archer Aviation, an electric aircraft company in San Jose, reported a Q3 EPS loss of $0.29, slightly missing analyst estimates.
Despite this, its stock rose $0.62 to $4.51 on Monday.
The company, focused on urban air mobility, has a "Moderate Buy" rating and an average price target of $9.00, highlighting mixed but positive analyst sentiment.
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Archer Aviation informó de una pérdida trimestral, pero vio el aumento de las acciones, manteniendo una calificación de "Compra Moderada".