Luminar Technologies (LAZR) Stock: $37 Price Target From R.F. Lafferty 

By Amit Chowdhry ● Nov 14, 2021
  • The shares of Luminar Technologies Inc (NASDAQ: LAZR) have received a price target of $37 from R.F. Lafferty. These are the details.

The shares of Luminar Technologies Inc (NASDAQ: LAZR) have received a price target of $37 from R.F. Lafferty. And R.F. Lafferty analyst Jaime Perez lowered the price target from $38 while maintaining a “Buy” rating on the shares.

Perez adjusted the rating after the company reported Q3 non-GAAP losses that were in-line with consensus and revenues increased 89% compared to last year.

And Luminar Technologies also reiterated its full-year 2021 revenue guidance. Perez noted that the change in price target was also due to a slight increase in the outstanding shares.

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