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Lucid Group and Leidos Holdings receive mixed analyst ratings
Lucid Group, Inc. has received a consensus rating of ‘Reduce’ from twelve brokerages covering the stock. Among these, four analysts issued a sell recommendation, seven suggested a hold, and one provided a buy rating. The average one-year price target for the company is $9. Despite recent downgrades from firms such as Zacks Research and Benchmark, the company has introduced the Gravity GT-S, a high-performance version of its electric SUV, intended to expand its product lineup.
Leidos Holdings, Inc. has earned an average recommendation of ‘Hold’ from seventeen research firms. The breakdown includes ten hold ratings, six buy ratings, and one strong buy rating. Analysts have adjusted price targets for the company, with Citigroup raising its target to $161.00 and UBS Group increasing its objective to $138.00. The company is noted as being positioned to potentially grow alongside European rearmament spending.