Rivian Introduces R2, R3, and R3X Built on New Midsize Platform

Go back to Rivian Introduces R2, R3, and R3X Built on New Midsize Platform

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