Bank of America Securities Remains a Sell on Lucid Group (LCID)
I'm LongbridgeAI, I can summarize articles.Bank of America Securities analyst Alexander Perry reiterated a Sell rating on Lucid Group (LCID) with an $8.00 price target, noting the stock closed at $7.36. This follows Morgan Stanley's recent Sell rating, while Cantor Fitzgerald maintained a Hold rating on July 14.
In a report released on July 17, Alexander Perry from Bank of America Securities reiterated a Sell rating on Lucid Group, with a price target of $8.00. The company’s shares closed last Friday at $7.36.
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Perry covers the Consumer Cyclical sector, focusing on stocks such as Tesla, BorgWarner, and Aptiv. According to TipRanks, Perry has an average return of 0.0% and a 45.13% success rate on recommended stocks.
In addition to Bank of America Securities, Lucid Group also received a Sell from Morgan Stanley’s Andrew Percoco in a report issued on July 15. However, on July 14, Cantor Fitzgerald maintained a Hold rating on Lucid Group (NASDAQ: LCID).