DA Davidson Upgrades Rivian Automotive to Neutral, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Shlisky has upgraded Rivian Automotive (NASDAQ:RIVN) from Underperform to Neutral and raised the price target from $11 to $18.
July 05, 2023 | 11:24 am
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Rivian Automotive's stock rating has been upgraded to Neutral from Underperform by DA Davidson. The price target has also been raised from $11 to $18.
The upgrade in rating and increase in price target by DA Davidson indicates a more positive outlook for Rivian Automotive. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100