The initiation of coverage by Canaccord Genuity with a Hold rating and a price target of $1.2 for Lilium (LILM) is likely to have a neutral impact on the stock price in the short term. The Hold rating suggests that the analyst believes the stock is fairly valued at its current price, and the price target is in line with the current market price. This news may not drive significant price movement, but it does provide investors with an additional data point to consider when evaluating the stock.