Form 8-K/A Rivian Automotive, Inc. For: Feb 21

Go back to Form 8-K/A Rivian Automotive, Inc. For: Feb 21

Rivian Automotive Inc (RIVN) PT Lowered to $12 at Barclays

February 26, 2024 5:56 AM EST

Barclays analyst Dan Levy lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $12.00 (from $16.00) while maintaining a Equalweight rating.

The analyst comments "Key takes: 1. Demand weakness materializing amid softer order book, '24 volume guide reflects demand challenges; 2. Mgmt reaffirmed gross... More