Analyst revises Lucid stock price target as LCID crashes

Summary:⚈ Lucid stock fell 6.52% ahead of earnings, prompting a revised $3 price target⚈ Cantor Fitzgerald maintains a neutral stance despite recent share decline⚈ Weak Gravity SUV sales signal deeper downturn could be aheadAhead of its upcoming May 6 earnings report, and amidst Lucid (NASDAQ: LCID) stock’s May 5 6.52$2.38, Cantor Fitzgerald’s Andres Sheppard elected to revise their price target for the beleaguered electric vehicle (EV) maker.LCID stock one-week price chart. Source ...