Form 10-Q Rivian Automotive, Inc. For: Mar 31

Go back to Form 10-Q Rivian Automotive, Inc. For: Mar 31

CFRA Upgrades Rivian Automotive Inc (RIVN) to Sell

May 10, 2023 8:41 AM EDT

CFRA analyst Garrett Nelson upgraded Rivian Automotive Inc (NASDAQ: RIVN) from Strong Sell to Sell with a price target of $10.00 (from $12.00).

The analyst comments "We increase our 12-month price target by $2 to $10, comparable to the EV peer average. We increase our adjusted EPS estimates to -$6.55 from... More