Morgan Stanley believes this air taxi start-up can rally more than 60%

Joby Aviation founder JoeBen Bevirt poses next to a Joby Aviation Air Taxi ahead of their listing at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 11, 2021.
Andrew Kelly | Reuters

Air taxi start-up Joby Aviation is an early standout in the fast-developing mobility industry, according to Morgan Stanley.