Morgan Stanley Expects Lucid to Raise $2.5B Capital in 2027, Warns of Shareholder Dilution Risk
According to Morgan Stanley, Lucid Group may need to raise $2.5 billion in fresh capital in 2027, a move the firm believes could increase shareholder dilution risk. Morgan Stanley maintains an 'Underweight' rating and $5 price target on Lucid. The company denied bankruptcy rumors on Tuesday,
LCID-4.69%
GateNews·07-15 16:43
