Needham Maintains Buy on Rivian Automotive, Raises Price Target to $31
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Chris Pierce maintains a 'Buy' rating on Rivian Automotive (NASDAQ:RIVN) and raises the price target from $28 to $31.
July 27, 2023 | 9:41 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Needham analyst maintains a 'Buy' rating on Rivian Automotive and raises the price target from $28 to $31, which could potentially increase investor confidence and drive the stock price up in the short term.
The raised price target by Needham analyst indicates a positive outlook for Rivian Automotive. This could potentially increase investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100