Rivian CFO to participate in The Bank of America Securities 2023 Global Automotive Summit

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Needham positive ahead of Rivian’s (RIVN) 1Q delivery numbers

March 29, 2023 8:46 AM EDT

Needham reiterated a Buy rating and $26.00 price target on Rivian (NASDAQ: RIVN) ahead of the electric automakers 1Q delivery report. The automaker is expected to release its delivery numbers early next week.

Analyst, Chris Pierce pulled Kelly Blue book data, which pulls data from the state RMV, showing 1Q23 RIVN vehicle registrations above the consensus RIVN... More