Rivian shares pop as Q2 deliveries surpass forecast
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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
