Rivian shares are trading higher after Wedbush raised its price target on the stock from $25 to $30.
Portfolio Pulse from Benzinga Newsdesk
Wedbush has raised its price target on Rivian's stock from $25 to $30, leading to a rise in Rivian's share price.
July 07, 2023 | 1:13 pm
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POSITIVE IMPACT
Rivian's stock price is expected to rise in the short term due to Wedbush's increased price target.
Wedbush's increased price target on Rivian's stock indicates a positive outlook on the company's performance. This has led to a rise in the stock price and is expected to continue to drive the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100