B of A Securities Reinstates Neutral on Lucid Gr, Announces $8 Price Target
Portfolio Pulse from richadhand@benzinga.com
B of A Securities analyst John Murphy has reinstated Lucid Gr (NASDAQ:LCID) with a Neutral rating and announced a price target of $8.
July 17, 2023 | 2:24 pm
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NEUTRAL IMPACT
Lucid Gr (NASDAQ:LCID) has been reinstated with a Neutral rating by B of A Securities, with a price target of $8.
The reinstatement of the Neutral rating by B of A Securities indicates that the analyst sees the stock as fairly valued at current levels. The price target of $8 suggests where the analyst believes the stock will trade in the near term. This could influence investor sentiment and potentially impact the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100