Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Gritstone, and Rivian and Encourages Investors to Contact the Firm

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Go back to Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Gritstone, and Rivian and Encourages Investors to Contact the Firm

Canaccord Genuity Reiterates Buy Rating on Rivian Automotive Inc (RIVN)

June 26, 2024 5:59 AM EDT

Canaccord Genuity analyst George Gianarikas reiterated a Buy rating and $20.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).

The analyst comments "Relief. Giant relief. Rivian secured up to $5B (up to $3B directly to Rivian) in financing from Volkswagen to help bridge its operations to FCF positive. In return, Rivian will license its existing electrical (E/E) architecture and vehicle software to an equally controlled/owned JV with VW (up to $2B in financing from VW). Rivian gets capital. In the short term, the JV will in return enable VW to utilize the Rivian... More

Rivian Automotive Inc (RIVN) PT Raised to $8 at CFRA

June 26, 2024 5:00 AM EDT

CFRA analyst Garrett Nelson raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $8.00 (from $5.00) while maintaining a Sell rating.

The analyst comments "We lift our 12-month target to $8 from $5. Volkswagen (VOW3 GR) announced a deal... More