Analyst Ratings for Lucid Gr
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Lucid Group (NASDAQ:LCID) with 1 bullish, 5 indifferent, and 1 somewhat bearish rating in the last quarter. The average price target is $5.57, representing a potential upside from the current price of $4.19. This target is a 30.37% decrease from the previous target of $8.00. Analyst ratings are based on information from company events, financial statements, and insider conversations.
November 27, 2023 | 7:00 pm
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Lucid Group received mixed analyst ratings with a new average price target of $5.57, indicating a potential upside from the current price but a significant decrease from the previous target.
The average price target suggests analysts see potential upside for LCID, which could lead to a positive short-term impact on the stock price. However, the decrease in the target from $8.00 to $5.57 may reflect a tempered outlook, potentially limiting the upside. The mixed ratings indicate uncertainty, but the overall potential for growth could drive investor interest.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100