On July 20, | J.P. Morgan Chase downgraded JOBY's rating from “neutral” to “reduced holdings,” and raised the target price from $5 to $6. So far this year, JOBY has soared more than 150%, while the S&P 500 index has risen 18.9%. J.P. Morgan believes that JOBY's strong performance in recent weeks reflects the risk appetite environment of retail investors and the bearish recovery that has led to the decoupling of stocks from fundamentals. The bank notes that the company has strengthened its balance sheet and made progress in certification and operations. Institutional investors remain skeptical about the timing and scale of the electric aircraft commercial opportunity.
大行评级丨摩根大通：下调JOBY评级至“减持”上调目标价至6美元
Big Bank Ratings丨J.P. Morgan Chase: Lowering JOBY Rating to “Holding Reduction” and Raising Target Price to $6
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