Barclays Starts Rivian Automotive Inc (RIVN) at Equalweight

Rivian Automotive (RIVN) to Report Q3 Results on December 16, 2021 After Market Close

Rivian (NASDAQ: RIVN) today announced its third quarter 2021 financial results will be released on December 16, 2021 after market close.

Rivian will host an audio webcast to discuss its results and provide a business update at 1:30pm PT / 4:30pm ET the same... More

EV Rivian (RIVN) Shares Dip as Street Starts New Coverage With Mixed Ratings, Goldman Sachs and JPMorgan Initiate at Neutral Citing Lofty Valuation

Shares of Rivian (NASDAQ: RIVN) are down about 1.5% in pre-open Monday after Wall Street analysts initiated research coverage of the EV company.

In the most successful IPO since 2014, Rivian went public last month after it sold 153 million shares at $78.00 each to value the EV company at $66.5 billion. However, shares opened at $106.75 on November 10 before closing at $106.75.

On Friday, Rivian share price closed at $104.67 which translates into an $89.27 billion valuation. Rivian raised almost $12 billion that will be used to further fuel growth.

Today, at least 12 Wall Street analysts started research... More

UPDATE: BofA Securities Starts Rivian Automotive Inc (RIVN) at Buy

(Updated - December 6, 2021 6:43 AM EST)

BofA Securities analyst John Murphy initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Buy rating and a price target of $170.00.

The analyst comments "Our Buy rating on Rivian is predicated on... More

Mizuho Securities Starts Rivian Automotive Inc (RIVN) at Buy

Mizuho Securities analyst Vijay Rakesh initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Buy rating and a price target of $145.00.

The analyst comments "We are initiating coverage on Rivian (RIVN) with BUY-PT$145. 15 years after Tesla, RIVN is redefining the... More

UPDATE: JPMorgan Starts Rivian Automotive Inc (RIVN) at Neutral

(Updated - December 6, 2021 4:09 AM EST)

JPMorgan analyst Ryan Brinkman initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Neutral rating and a price target of $104.00.

The analyst comments "We are initiating coverage on shares of start-up battery electric vehicle manufacturer Rivian Automotive (RIVN) with a Neutral rating and $104 December 2022... More

UPDATE: RBC Capital Starts Rivian Automotive Inc (RIVN) at Outperform

(Updated - December 6, 2021 7:21 AM EST)

RBC Capital initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Outperform rating and a price target of $165.00.

The analyst comments "We are initiating on RIVN with an Outperform rating, $165 price target. Rivian... More

Wedbush Starts Rivian Automotive Inc (RIVN) at Outperform

Wedbush analyst Daniel Ives initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Outperform rating and a price target of $130.00.

For an analyst ratings summary and ratings history on Rivian Automotive Inc... More

UPDATE: Deutsche Bank Starts Rivian Automotive Inc (RIVN) at Buy

(Updated - December 6, 2021 6:15 AM EST)

Deutsche Bank analyst Emmanuel Rosner initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Buy rating and a price target of $130.00.

The analyst comments "We initiate coverage of Rivian with a Buy rating and $130 price target, as we believe the company... More

UPDATE: Piper Sandler Starts Rivian Automotive Inc (RIVN) at Overweight

(Updated - December 6, 2021 4:32 AM EST)

Piper Sandler analyst Alexander Potter initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Overweight rating and a price target of $148.00.

The analyst comments "We are initiating coverage with an Overweight rating and a DCF-based price... More

UPDATE: Baird Starts Rivian Automotive Inc (RIVN) at Outperform

(Updated - December 6, 2021 6:14 AM EST)

Baird analyst George Gianarikas initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Outperform rating and a price target of $150.00.

The analyst comments "Rivian has an opportunity to formidably challenge Teslas market dominance. The company has... More

UPDATE: Goldman Sachs Starts Rivian Automotive Inc (RIVN) at Neutral

(Updated - December 6, 2021 4:46 AM EST)

Goldman Sachs analyst Mark Delaney initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Neutral rating and a price target of $94.00.

The analyst comments "We are initiating coverage on Rivian Automotive (RIVN) with a Neutral rating and 12-month price target of $94. We believe that Rivian has an... More

Morgan Stanley Starts Rivian Automotive Inc (RIVN) at Overweight

Morgan Stanley analyst Adam Jonas initiates coverage on Rivian Automotive Inc (NASDAQ: RIVN) with a Overweight rating and a price target of $147.00.

For an analyst ratings summary and ratings history on Rivian Automotive Inc... More