** Shares of air-taxi maker Joby Aviation JOBY.N rise 1.71% to $6.53 premarket
** On Wednesday, JOBY posted a narrower Q1 net loss of 11 cents, compared to 14 cents a year ago
** Canaccord Genuity says "JOBY's manned transition flight activity and manufacturing partnership with Toyota is a key differentiator as co jumps through type certification hurdles; brokerage raises PT to $12.50 from $11, maintains "buy rating"
** Last year, Toyota said it will invest $500 mln in JOBY to support certification and commercial production
** J.P.Morgan says co will remain flexible around its go-to-market approach, leveraging a variety of business models to suit its needs
** Co has named Rodrigo Brumana as finance chief effective May 29, 2025
** 4 of 9 brokerages rate the stock "buy", 3 "hold" and 2 "sell"; their median PT is $9 - LSEG data
** As of last close, stock down 21% YTD
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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