Lucid Group (LCID) Receives a Hold from RBC Capital
RBC Capital analyst Tom Narayan maintained a Hold rating on Lucid Group (LCID) with a price target of $14.00, following the company's shares closing at $10.94. This rating aligns with the general Street consensus, which also suggests a Hold with an average price target of $16.80. Lucid Group reported quarterly revenue of $336.58 million and a GAAP net loss of $978.43 million for the quarter ending September 30.
https://www.theglobeandmail.com/investing/markets/stocks/LCID/pressreleases/37073913/lucid-group-lcid-receives-a-hold-from-rbc-capital/