Rivian cut to Neutral at BofA amid challenging gross margin outlook
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Rivian Automotive Inc (RIVN) PT Lowered to $12 at DA Davidson
November 12, 2024 8:10 AM ESTDA Davidson analyst Michael Shilsky lowered the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $12.00 (from $13.00) while maintaining a Neutral rating.
The analyst comments "We are maintaining our NEUTRAL rating on RIVN, with a new price target of $12 (from $13) following 3Q:24... More
Fox Advisors Out Positive on Lucid Group (LCID)
November 8, 2024 10:21 AM ESTFox Advisors Out Positive on Lucid Group (NASDAQ: LCID).
Sees Co making progress on multiple fronts."We modify 2024E and 2025E adjusted EBITDA for Lucid Group (LCID; $2.31; E/W) from losses of ($2.54B)/($2.11B) to ($2.44B)/($2.10B)."... More