Citigroup Maintains Neutral on Lilium, Raises Price Target to $1.1
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Lilium (NASDAQ:LILM) and raised the price target from $1 to $1.1.
August 22, 2023 | 2:56 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Lilium and raised the price target from $1 to $1.1, which could potentially influence investor sentiment.
The news is directly about Lilium and comes from a reputable source, Citigroup. The raised price target could influence investor sentiment, but the maintained Neutral rating suggests that the overall outlook for the stock hasn't significantly changed. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100