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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.
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
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.
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
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
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