Truist Securities Maintains Buy on Rivian Automotive, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a 'Buy' rating on Rivian Automotive (NASDAQ:RIVN) and raised the price target from $28 to $30.
August 08, 2023 | 3:22 pm
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Rivian Automotive's price target has been raised from $28 to $30 by Truist Securities, which maintains a 'Buy' rating on the stock.
The raised price target and maintained 'Buy' rating by Truist Securities indicates a positive outlook for Rivian Automotive. This could potentially lead to an increase in the stock's price in the short term.
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