Cantor Fitzgerald Reiterates Underweight on Lucid Gr, Maintains $4 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated an Underweight rating on Lucid Group (NASDAQ:LCID) and maintained a $4 price target.
July 15, 2024 | 2:47 pm
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Cantor Fitzgerald analyst Andres Sheppard has reiterated an Underweight rating on Lucid Group (NASDAQ:LCID) and maintained a $4 price target.
The reiteration of an Underweight rating and a low price target of $4 by Cantor Fitzgerald is likely to negatively impact Lucid Group's stock price in the short term. This suggests that the analyst has a bearish outlook on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100