Canaccord Genuity Upgrades Lilium to Buy, Raises Price Target to $3
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Austin Moeller has upgraded Lilium (NASDAQ:LILM) from Hold to Buy and raised the price target from $1.2 to $3.
July 17, 2023 | 2:02 pm
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Lilium's stock rating has been upgraded from Hold to Buy by Canaccord Genuity, with a price target increase from $1.2 to $3.
The upgrade from Hold to Buy indicates a positive outlook for Lilium's stock. The increase in price target from $1.2 to $3 suggests that the analyst expects the stock price to rise significantly in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100