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Lucid Group (NASDAQ: LCID) has been upgraded by Morgan Stanley from Underweight to Equal-weight, maintaining a $3 price target and a $10 bull case. Analyst Adam Jonas highlights the company's potential in AI strategy and domestic EV manufacturing, suggesting balanced risks ahead. Despite challenges, Lucid's leadership changes and ability to navigate geopolitical issues may enhance its capital and partnership opportunities.
May Habib
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
lucid group upgraded by morgan stanley amid ai and strategic alliances
08:53 21.03.2025
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