Lucid gets up to $1.5 billion in funding ahead of electric SUV rollout
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Lucid Group Inc. (LCID) PT Raised to $4 at Stifel
August 6, 2024 1:23 PM EDTStifel 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 EDTCantor 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
