Dec. 13 at 6:53 PM
$ACHR Goldman's
$11 target for ACHR and
$10 for JOBY (sell rating), places a 33% upside for ACHR and 33% downside upon JOBY based on Friday's close. If I'm a JOBY investor, who has already seen a
$3.6B market cap decline since early August, I don't want another
$4.4B decline in market cap.
ACHR's upside is two billion at
$11/sh. I believe JOBY won't get to
$10, and I foresee ACHR reaching
$18 by early summer, post N704AX VTOL piloted flight, exceeding the recent all-time high in the upper
$14 range. ACHR's progress, outside of N704AX, has been significant since the upper
$14S high.