RBC Capital Reiterates Sector Perform on Lucid Gr, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan has reiterated a 'Sector Perform' rating on Lucid Group (NASDAQ:LCID) and maintained a price target of $6.
September 19, 2023 | 12:58 pm
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RBC Capital has reiterated a 'Sector Perform' rating on Lucid Group, maintaining a price target of $6.
The reiteration of the 'Sector Perform' rating by RBC Capital indicates that they believe Lucid Group's stock will perform in line with the expectations of the sector. The maintained price target of $6 suggests that they do not foresee significant price movement in the short term. This could potentially lead to a neutral short term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100