Cantor Fitzgerald Reiterates Neutral on Lucid Gr, Maintains $6 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Lucid Group (NASDAQ:LCID) and maintained a price target of $6 for the company's stock.

January 12, 2024 | 5:35 pm
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NEUTRAL IMPACT
Cantor Fitzgerald analyst maintains a Neutral rating and a $6 price target on Lucid Group (LCID), indicating no change in the analyst's outlook.
The reiteration of a Neutral rating and maintenance of the price target suggests that the analyst sees no new catalysts or changes in fundamentals that would alter the investment thesis for Lucid Group in the short term. This is likely to have a neutral impact on the stock price as it does not provide new positive or negative information.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100