In a report released today, Richard Shannon from Craig-Hallum assigned a Hold rating to Luminar Technologies (LAZR – Research Report). The company’s shares closed last Friday at $2.19.
According to TipRanks, Shannon is a 4-star analyst with an average return of 6.2% and a 45.27% success rate. Shannon covers the Technology sector, focusing on stocks such as Cepton, Emcore, and Vicor.
Luminar Technologies has an analyst consensus of Hold, with a price target consensus of $6.00.
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The company has a one-year high of $10.55 and a one-year low of $2.09. Currently, Luminar Technologies has an average volume of 7.84M.
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Luminar Technologies (LAZR) Company Description:
Luminar is an automotive technology company providing LiDAR hardware and software products to enable vehicle safety and autonomy. The company, through its Autonomy Solutions segment, manufactures and distributes LiDAR sensors. Further, Luminar’s Advanced Technologies and Services division develops application-specific integrated circuits, advanced lasers, and pixel-based sensors.
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