Citigroup Maintains Neutral on Lucid Gr, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Lucid Group (NASDAQ:LCID) and lowered the price target from $8 to $7.5.
August 09, 2023 | 4:24 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Lucid Group and lowered the price target from $8 to $7.5.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Lucid Group's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100