Cantor Fitzgerald Reiterates Lucid’s PT and Rating

Cantor Fitzgerald analyst Andres Sheppard reiterated on June 16, 2025, a ‘Neutral’ rating and $3.00 price target on Lucid.

“On 6/4, LCID strengthens its supply chain for American raw materials and resources with a multi-year supply agreement with Graphite One for American-sourced natural graphite, production of which is expected to begin in 2028.

The company’s future vehicles will utilize natural synthetic graphite materials mined and produced as part of directed supply agreements with the company’s battery cell suppliers.”

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