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Lucid Stock Jumped Following Coverage From Morgan Stanley Today -- Is It a Buy?
LCIDLucid (LCID) The Motley Fool·2024-02-15 23:50

Lucid (LCID 5.22%) stock jumped 5.2% in Thursday's trading, according to data from S&P Global Market Intelligence, and an analyst's commentary may be part of the reason.Before the market opened, Morgan Stanley's Adam Jonas published a note on the luxury electric vehicle (EV) specialist. The analyst maintained an underweight rating on the company, but he said that tough conditions for the business were already priced into the stock.Lucid is scheduled to report fourth-quarter earnings after the market closes ...