RodBeard
2022-01-05

Reminder: Citibank boosts its price target on Buy-rated LCID to $57 from $28. Analyst Itay Michaeli says the Q3 update was encouraging highlighted by reservations now at greater than 17K and what appears to be a healthy reservation mix implied by the $1.3B order book. Michaeli says the quarter provided evidence that Lucid's (LCID) strong electric vehicle tech credentials are generating commercial and brand momentum.

See you above $100 in 2022.$Lucid Group Inc(LCID)$

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