Form 8-K Rivian Automotive, Inc. For: Mar 08

Go back to Form 8-K Rivian Automotive, Inc. For: Mar 08

Truist on Rivian (RIVN) and Amazon (AMZN) Deal: 'we believe that opening up sales to other customers could meaningfully accelerate the long-term rollout of RIVN's commercial segment'

March 13, 2023 12:21 PM EDT

Truist Securities analyst Jordan Levy reiterated a Buy rating and $44.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst comments "This morning, the Wall Street Journal reported on talks between Rivian and Amazon (AMZN, Buy, Squali) regarding the companies exclusivity framework for Rivian's Electric Delivery Van (EDV) platform. Under the 2019... More