On December 18, Gelonghui reported that Cantor Fitzgerald raised the Target Price for air taxi manufacturer Archer Aviation from $10 to $13, maintaining a Shareholding rating. Cantor Fitzgerald expects the company to continue prioritizing its electric vertical takeoff and landing (eVTOL) Business, stating that the company can now focus on both military and civilian applications. The company raised $0.43 billion in new funding on December 12 and is collaborating with defense technology firm Anduril Industries to develop hybrid aircraft, aiming at potential 'registration projects' for the Pentagon. (Gelonghui)