Dow futures down 100 pts; Disney results, Meta layoffs, midterm elections in focus

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Truist Securities on Rivian Automotive Inc (RIVN) Q3 2022 Earnings: 'we'd caution investors not to weigh the R2 commentary too heavily'

November 9, 2022 4:39 PM EST

Truist Securities analyst Jordan Levy reiterated a Buy rating and $65.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst comments "Rivian reported strong 3Q results including a beat on EBITDA, in-line revs and capex meaningfully below vs. our estimates. Further, the company... More

Citi Sees Meta Platforms Inc. (META) 2023 GAAP EPS at $8.80

November 9, 2022 3:16 PM EST

Citi analyst Ronald Josey reiterated a Buy rating and $168.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "Earlier today Meta announced a 13% RIF, lowered its 2023 opex outlook by $1.5B at the midpoint to $94-100B and tightened its... More