- Company begins conducting FAA testing, marking Joby’s first entry into implementation phase of type certification process
- Demonstrates maturity of Company’s production and quality systems
- Partnering with Toray to qualify new lightweight composite material ideal for eVTOL aircraft
Morgan Stanley Maintains Equal-Weight on Bank of New York Mellon, Lowers Price Target to $55
Morgan Stanley analyst Betsy Graseck maintains Bank of New York Mellon (NYSE:BK) with a Equal-Weight and lowers the price target from $58 to $55.