Citi analyst Michael Ward initiated coverage of Lucid Group (LCID) with a Buy rating and $17 price target The firm believes Lucid has reached a “positive inflection point.” The company launched Gravity in Q4 of 2025, is on track to begin Cosmos production in Q of 2026, and its Uber robotaxi agreement is expected to begin commercial operations by year-end, the analyst tells investors in a research note.
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