Form 8-K Rivian Automotive, Inc. For: Jul 02

Go back to Form 8-K Rivian Automotive, Inc. For: Jul 02

CFRA Reiterates Sell Rating on Rivian Automotive Inc (RIVN)

July 2, 2024 1:45 PM EDT

CFRA 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