Cantor Slashes Lucid’s Price Target by 33%, Citing ‘Discouraged in Near Term’
Summary by ELECTRIC VEHICLES
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1 Articles
Cantor Slashes Lucid’s Price Target by 33%, Citing ‘Discouraged in Near Term’
Cantor Fitzgerald slashed its price target on electric vehicle maker Lucid Motors on Thursday, the same day the stock hit a fresh all-time low for the second consecutive session following the company’s 1-for-10 reverse stock split.
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