Rivian Automotive (RIVN) call put ratio 3.1 calls to 1 put into R2 introduction

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Stifel Out Positive on Rivian Automotive Inc (RIVN)

March 7, 2024 4:06 PM EST

Stifel analyst Stephen Gengaro reiterated a Buy rating and $18.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst comments "Rivian unveiled its R2 mid-size SUV platform earlier today, expected to start at about $45,000 and scheduled for initial production in 1H26. Key positives from the launch... More