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Stock impact report

Lucid Group Crowned the EV King of Range, But Is Its Stock a Buy? [The Motley Fool]

Lucid Group, Inc. (LCID) 
Company Research Source: The Motley Fool
Luxury electric vehicle (EV) companyLucid GroupNASDAQ:LCIDLet's a closer look at these reports and determine how they might affect the investment thesis of Lucid Group. That could provide clues to whether the company's stock is a buy right now.Image source: Lucid Group.The analysts appear to rate Lucid well, mostlyLucid's latest analyst frenzy began on Sept. 9 whenCitigroupLucid stock plunged as early investors cashed outLucid's stock price then fell over % on Sept. as Adam Jones, aMorgan StanleyThe very next day, on Sept. , Lucid got a buy rating and a $0 per share price target fromBank of Americacompared Lucid to both Tesla and FerrariAll three analysts praised Lucid's impressive technology. The stark contrast in price targets between Citi and Bank of America versus Morgan Stanley was mainly due to different opinions on how Lucid's competitive advantages will hold up against well-funded and more experienced competition. Price targets should be taken with a grain of s Show less Read more
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