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Cantor Fitzgerald Reaffirms Bullish Stance on Archer Aviation Amid FAA Pilot Program

Cantor Fitzgerald Reaffirms Bullish Stance on Archer Aviation Amid FAA Pilot Program

Published:
2025-09-16 11:51:02
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BTCCSquare news:

Cantor Fitzgerald analyst Andres Sheppard maintains a Buy rating on Archer Aviation (ACHR) with a $13 price target, citing the company's robust cash position, strategic partnerships with Stellantis and United Airlines, and a $142 million U.S. Air Force contract. Shares ROSE 4.23% to $9.12 yesterday, signaling renewed investor confidence after a turbulent 2025.

Archer Aviation joins the federal eVTOL Integration Pilot Program, a WHITE House initiative accelerating electric air taxi deployment. The program, overseen by the DOT and FAA, allows trial flights ahead of full regulatory approval. Archer plans to test its Midnight aircraft with airlines and cities, focusing on safety, noise reduction, and scalability. Operational trials could commence by 2026, with data driving future expansion plans.

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