Canaccord Genuity Maintains Buy on Lilium, Lowers Price Target to $1.85
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained its Buy rating on Lilium (NASDAQ:LILM) but lowered the price target from $2 to $1.85.
October 02, 2024 | 3:16 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Canaccord Genuity has maintained its Buy rating on Lilium but reduced the price target from $2 to $1.85, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Lilium's prospects, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100