Robert W. Baird Forecasts Strong Price Appreciation for Lucid Group (NASDAQ:LCID) Stock

Baird Raises Lucid’s Price Target by 50%, Keeps Neutral Rating

Baird analyst Ben Kallo raised his price target on Lucid Motors to $3.00 on Monday, up 50% from a previous target of $2.00, while maintaining a Neutral rating on the premium electric vehicle maker. Lucid shares closed at $2.38 on Friday, suggesting Baird’s adjusted target implies an upside potential of about 26% as the company prepares to begin customer deliveries of its second model in the United States. Kallo first initiated coverage on Lucid …

Robert W. Baird Forecasts Strong Price Appreciation for Lucid Group (NASDAQ:LCID) Stock

Lucid Group (NASDAQ:LCID – Get Free Report) had its target price increased by stock analysts at Robert W. Baird from $2.00 to $3.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Robert W. Baird’s price target indicates a potential upside of 26.05% from the stock’s current […]