US EditionBanking giants set Lucid stock price targets
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Banking giants set Lucid stock price targets
Summary⚈ Lucid reported a wider net loss of $731M despite 36% year-over-year revenue growth and 3,109 vehicle deliveries.⚈ Stifel, Cantor Fitzgerald, and Needham all reiterated Hold/Neutral ratings, citing optimism around the Gravity SUV.⚈ LCID remains down over 12% year-to-date as investors weigh production goals against persistent financial challenges. Several investment banks have issued a cautiously optimistic outlook on Lucid (NASDAQ: LCID)…
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