Analyst revises Lucid (LCID) stock price target
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Analyst revises Lucid (LCID) stock price target
Lucid (NASDAQ: LCID) may be preparing to cut its annual production guidance, according to Cantor Fitzgerald analyst Andres Sheppard, ahead of the company’s highly anticipated second-quarter earnings call scheduled for Tuesday. “There is a possible scenario where LCID could revise down its guidance,” Sheppard wrote in a new investor note released Monday. He reiterated a Neutral rating on the stock and set a $3 price target, implying an upside of …
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