Rivian Automotive (RIVN) and Volkswagen Group (VWAGY) Launch their JV
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/6/2026
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
- S&P Dow Jones Indices adds Bloom Energy to S&P 500 index
- Citi highlights best Gen AI stocks to own for 2027
- Dell’s earning report was bullish for Intel CPU demand, analyst says
- Netflix raises prices in Germany and Austria, Citi comments
- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
- After-Hours Movers: AVGO, SNOW, HPE, NTAP, NTSK, CHPT, FIVE, TLYS, PVH, RARE
- After-Hours Movers: DELL, PANW, GTLB, CRDO, MDB, HPE, SMCI
- After-Hours Movers: WDAY, ADSK, S, RBRK, MRVL, ULTA, GAP, AFRM
- After-Hours Movers: NVDA, CRM, SNPS, CRWD, OKTA, NTNX
Deutsche Bank Reiterates Hold Rating on Rivian Automotive Inc (RIVN)
November 13, 2024 6:37 AM ESTDeutsche Bank analyst Edison Yu reiterated a Hold rating and $12.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).
The analyst comments "Last night, Rivian and VW provided additional details about their deep collaboration first announced back in June. The joint venture between the two companies officially came into fruition, setting up to share R&D and development costs for EV electrical architecture and software that will ultimately be used across multiple models/brands. Notably, the maximum potential investment into Rivian has now increased from its prior value of $5.0bn to ~$5.8bn. The... More
