Auto Sector Sees Strong Start But Forecasts Weaker Second Half

RHB Investment Bank (RHB), in its 1Q24 Report Card today (2 July, Tuesday), stated that the auto sector's performance largely missed expectations, with two counters underperforming, one in line, and one surpassing projections.

Business Today15minutes ago

Lucid Group Price Target Maintained With a $4.00/Share by Cantor Fitzgerald

Lucid Group Price Target Maintained With a $4.00/Share by Cantor Fitzgerald

Dow JonesJul 1 23:58

Cantor Fitzgerald Reiterates Underweight on Lucid Gr, Maintains $4 Price Target

Cantor Fitzgerald analyst Andres Sheppard reiterates Lucid Gr (NASDAQ:LCID) with a Underweight and maintains $4 price target.

BenzingaJul 1 23:53

Lucid Gr Analyst Ratings

Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/01/2024 50.57% Cantor Fitzgerald $4 → $4 Reiterates Underweight → Underweight 05/08/2024 12.93% Stifel

BenzingaJul 1 23:46

What's Going On With Lucid Stock Monday?

Lucid Group Inc (NASDAQ:LCID) shares are trading higher Monday. The company announced that it reached an agreement over a trademark dispute.What Happened: After the market close on Friday, Lucid said

BenzingaJul 1 20:55

Tesla Rises Ahead Of Crucial Q2 Deliveries, Rivian Affirms Goal After Volkswagen Deal, Nikola Ropes In Key Customer And More: Biggest EV Stories Of The Week

The electric-vehicle space saw a major deal this week, which, along with the broader market strength, imparted some buoyancy. However, stocks closed the week on a mixed note.Here are the key events t

BenzingaJun 29 21:48