Form 8-K Lucid Group, Inc. For: Aug 04

Go back to Form 8-K Lucid Group, Inc. For: Aug 04

Lucid Group Inc. (LCID) PT Raised to $4 at Stifel

August 6, 2024 1:23 PM EDT

Stifel analyst Stephen Gengaro raised the price target on Lucid Group Inc. (NASDAQ: LCID) to $4.00 (from $3.00) while maintaining a Hold rating.

The analyst comments "Lucid's 2Q24 revenue outpaced our estimate by 20.2%, but adjusted EBITDA landed below our forecasts. The company announced up to $1.5... More

Cantor Fitzgerald Upgrades Lucid Group Inc. (LCID) to Neutral

August 6, 2024 6:21 AM EDT

Cantor Fitzgerald analyst Andres Sheppard upgraded Lucid Group Inc. (NASDAQ: LCID) from Underweight to Neutral with a price target of $4.00.

The analyst comments "New $1.5B Capital Raise with the PIF - Extends Cash Runway Into 4Q25. On 8/5, LCID announced that it has... More