Stifel Initiates Coverage On Lucid Gr with Hold Rating, Announces Price Target of $5
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Stephen Gengaro has initiated coverage on Lucid Group (NASDAQ:LCID) with a Hold rating and set a price target of $5 for the company's stock.

December 07, 2023 | 10:16 am
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Stifel analyst Stephen Gengaro initiated coverage on Lucid Group with a Hold rating and a price target of $5.
The initiation of coverage by Stifel with a Hold rating and a price target of $5 may not significantly change investor sentiment in the short term, as a Hold rating suggests a neutral outlook without immediate upside or downside. However, the price target could influence perceptions of the stock's future performance.
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IMPORTANCE 75
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