Lucid Group (LCID) Wins Some Much-Needed Love From Wall Street and a $28 Stock Price Target

Lucid Group (LCID) Wins Some Much-Needed Love From Wall Street and a $28 Stock Price Target

3 years ago
Anonymous $drS9DEX_Sj

https://wccftech.com/lucid-group-lcid-wins-some-much-needed-love-from-wall-street-and-a-28-stock-price-target/

Lucid Group (NASDAQ:LCID), an EV manufacturer that is gunning for Tesla’s (NASDAQ:TSLA) apex position in the industry, has just received a crucial endorsement from Wall Street, paving the way for a gradual enactment of the stock’s bullish thesis.

To wit, Citi analyst Italy Michaeli has now initiated coverage of Lucid Group shares with a ‘Buy’ rating and a $28 stock price target, corresponding to an upside potential of over 47 percent from the current price levels.