Morgan Stanley Maintains Underweight on Lucid Gr, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has maintained an Underweight rating on Lucid Group (NASDAQ:LCID) and lowered the price target from $5 to $4.
November 09, 2023 | 2:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has maintained an Underweight rating on Lucid Group and lowered the price target from $5 to $4, which could negatively impact the stock's price.
The lowered price target from Morgan Stanley indicates a bearish outlook on Lucid Group. This could lead to a decrease in the stock's price as investors adjust their expectations based on this new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100