Barclays Maintains Overweight on Rivian Automotive, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and raises the price target from $22 to $30.
July 11, 2023 | 12:41 pm
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Barclays maintains an Overweight rating on Rivian Automotive and raises the price target from $22 to $30.
The news is directly related to Rivian Automotive. Barclays, a major financial institution, has maintained an Overweight rating on the company and raised its price target. This suggests that Barclays sees potential for the stock's price to increase, which could positively impact the stock in the short term.
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