In a report released today, Alexander Potter from Piper Sandler reiterated a Buy rating on Lilium (LILM – Research Report), with a price target of $6.00. The company’s shares closed yesterday at $1.21.
According to TipRanks, Potter is a 5-star analyst with an average return of 22.5% and a 50.00% success rate. Potter covers the Technology sector, focusing on stocks such as Tesla, Lyft, and Uber Technologies.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Lilium with a $3.33 average price target, which is a 175.21% upside from current levels. In a report released on July 14, Canaccord Genuity also upgraded the stock to a Buy with a $3.00 price target.
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The company has a one-year high of $3.25 and a one-year low of $0.37. Currently, Lilium has an average volume of 6.49M.
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Read More on LILM:
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- Lilium Announces July 25 Release of Q2 2023 Shareholder Letter
- Lilium Successfully Arranges $192 M Capital Raise Supported by Leading German Technology Investors
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