Piper Sandler Reiterates Overweight Rating on Rivian Automotive Inc (RIVN)
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CFRA Reiterates Sell Rating on Rivian Automotive Inc (RIVN)
July 2, 2024 1:45 PM EDTCFRA analyst Garrett Nelson reiterated a Sell rating and $8.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).
The analyst comments "We maintain our 12-month target of $8, comparable to EV peers. We cut our 2024 adjusted EPS view to -$4.35 from -$4.10 and keep 2025's at -$3.15. RIVN... More
Can Rivian turn a profit soon? BofA weighs in
July 1, 2024 8:00 PM EDTBofA analysts maintained a Buy rating on Rivian Automotive (NASDAQ: RIVN) in a note this week despite a slowdown in EV demand, assessing whether the company can turn a profit soon.
Following Rivian's Investor Day, BofA highlighted the company's focus on cost reduction and its recently announced joint venture with Volkswagen as positive... More
Rivian Automotive Inc (RIVN) PT Raised to $14 at RBC Capital
July 1, 2024 6:36 AM EDTRBC Capital analyst Joseph Spak raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $14.00 (from $11.00) while maintaining a Sector Perform rating.
The analyst comments "$2B in increased liquidity from VW should help Rivian bridge to R-2 and 2027. That said, we... More
