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Morgan Stanley: Initiates rating on Lucid Group (LCID) with a $12 target.

凤凰网港股2021-09-14

Phoenix.com Hong Kong Stocks |Morgan StanleyAnalyst Adam Jonas issued a research report initiating a "sell" rating on Lucid Group (LCID) with a target price of $12.

In its report, Jonas pointed out that Lucid is a highly vertically integrated pure electric vehicle company that has solved problems through key innovations.Tesla(TSLA) and above high-end markets. Analysts say that given the company's valuation of $31 billion, the market seems to believe that Lucid will achieve very high market share and profit margins. Analysts believe that Lucid can maintain a favorable position in a highly competitive market, but at this stage, Lucid still faces many obstacles if it wants to keep pace with more established electric vehicle giants and realize its valuation.

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Comment(2)

  • 叶祚亨
    ·2021-09-14
    目標價12,好低哦,看空嗎
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  • 冯榕
    ·2021-09-14
    **
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