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Business

Riddhima Chakraborty

LAZR Stock: Buy Now at the Lows or Wait?

LAZR Auto Parts Luminar Technologies Inc

Automotive technology company Luminar Technologies, Inc. (LAZR) provides sensor technologies and software for passenger cars and commercial trucks in North America, the Asia Pacific, Europe, and the Middle East. It operates in two segments, Autonomy Solutions, and Components.

On September 22, 2022, research analysts at Northland Securities downgraded LAZR from an ‘outperform’ rating to a ‘market perform’ rating. Earlier, Goldman Sachs downgraded LAZR to a ‘neutral’ rating.

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