In other news, CEO Austin Russell bought 25,000 shares of the stock in a transaction on Tuesday, August 2nd. According to data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average target price of $18.00. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Finally, Cowen increased their price objective on shares of Luminar Technologies from $12.00 to $14.00 in a report on Tuesday, August 9th. Baird cut their price objective on shares of Luminar Technologies from $30.00 to $15.00 in a report on Wednesday, August 10th. They issued an overweight rating and a $30.00 price objective on the stock. began coverage on shares of Luminar Technologies in a report on Tuesday. The Goldman Sachs Group cut their price objective on shares of Luminar Technologies from $12.00 to $9.00 and set a neutral rating on the stock in a report on Wednesday, June 1st. Craig Hallum reduced their target price on shares of Luminar Technologies to $8.00 in a research report on Monday, August 15th. The firm currently has $10.00 price target on the stock, down from their prior price target of $13.00.Ī number of other equities analysts have also issued reports on LAZR. Northland Securities cut shares of Luminar Technologies ( NASDAQ:LAZR – Get Rating) from an outperform rating to a market perform rating in a research report report published on Thursday, Marketbeat Ratings reports.
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