Rivian Produced 10,020 Vehicles in Q4 2022
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Truist cuts revenue estimates and price target following Rivian (RIVN) production miss
January 4, 2023 7:53 AM ESTTruist Securities reiterated a Buy rating on Rivian Automotive (NASDAQ: RIVN) and cut the companys price target to $50.00 (from $65.00) following the electric vehicle makers 4Q production and delivery miss.
Rivian reported the 4Q production of 10,020 vehicles, coming in short of the streets estimated 10,892. Deliveries were... More
Rivian (RIVN) reports 4Q production miss; Wolfe reiterates outperform
January 4, 2023 7:40 AM ESTWolfe Research reiterated an Outperform rating and $40.00 price target on Rivian Automotive (NASDAQ: RIVN) after the electric vehicle company reported a 4Q production and delivery miss.
Rivian produced 10,020 vehicles in the fourth quarter, slightly short of the 10,680 implied by the companys full year guidance. The companys retail deliveries, at 8,054, also fell short of expectations.... More
Morgan Stanley remains bullish despite Rivian (RIVN) delivery miss
January 4, 2023 7:27 AM ESTMorgan Stanley reiterated an Overweight rating and $55.00 price target on Rivian Automotive (NASDAQ: RIVN) following the companys 4Q production and delivery numbers. Rivian announced that they produced 10,020 vehicles and delivered 8,054 vehicles in 4Q. Both came in below the streets estimates and... More
