Rivian Automotive (RIVN) Delivered 14,183 EVs in Q4

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Rivian Automotive Inc (RIVN) PT Raised to $8 at CFRA

January 3, 2025 11:05 AM EST

CFRA analyst Garrett Nelson raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $8.00 (from $5.00) while maintaining a Sell rating.

The analyst comments "We increase our 12-month target to $8 from $5, comparable to the EV peer average. We increase our 2024 adjusted EPS estimate... More