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2 clusters · 2 sources · 5 days · First seen · Last updated

Lucid Group analyst rating fluctuations

Overview

Lucid Group shares have experienced volatility following a series of analyst rating adjustments and price target changes. While Citigroup maintained a ‘buy’ rating, it lowered its price target from $14.00 to $11.00, contributing to a 4.9% decline in shares during mid-day trading on a Thursday. Conversely, Zacks Research upgraded the company from a ‘strong sell’ to a ‘hold’ rating.

Other recent actions include Morgan Stanley setting a $5.00 price objective, Benchmark lowering its rating to ‘hold’, and TD Cowen reducing its price target from $10.00 to $7.00 with a ‘hold’ rating. Additionally, William Blair downgraded the company to ‘market perform’. The company currently holds a consensus rating of ‘Reduce’ with an average price target of $9.22.

Entities

Lucid Group, Inc. · Bank of America · Citigroup · Benchmark · Lucid Group

Timeline

  1. 8 days ago

    [BUSINESS] 2 sources
    Lucid Group faces mixed analyst ratings and price target shifts

    Lucid Group shares fell following a Citigroup price target reduction to $11.00, despite a recent upgrade to a ‘hold’ rating from Zacks Research.

  2. 12 days ago

    [BUSINESS] 2 sources
    Lucid Group and Leidos Holdings receive mixed analyst ratings

    Lucid Group faces a consensus ‘Reduce’ rating from analysts despite new SUV launches, while Leidos Holdings maintains a consensus ‘Hold’ rating amid interest in defense spending.

Sources

mommygearest.com · stocknews.com

This summary has been updated 1 time: see revision history