Lucid: A risky bet with high potential?
American luxury electric car manufacturer Lucid Group $LCID continues to face uncertainty about its growth and profitability. Still, Benchmark analyst Mickey Legg has come up with a target price of $5, implying a potential upside of nearly 90% from the current $2.69.
Strong support from Saudi Arabia
A lot depends on whether they can get it right and that efficiency will be better. I think it's a big risk.