Needham has initiated coverage of the aviation sector, delivering a bullish outlook on Joby (JOBY) and Archer Aviation (ACHR) with Buy ratings.
The firm sees Joby as best positioned to capture early market share in air taxi development. Meanwhile, Archer Aviation receives praise for its robust $6 billion aircraft order book.
Market Domination Anchors Julie Hyman and Josh Lipton dive into the details of these ratings.
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This post was written by Angel Smith
