Needham Reiterates Buy on Rivian Automotive, Maintains $31 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Chris Pierce has reiterated a 'Buy' rating on Rivian Automotive (NASDAQ:RIVN) and maintained a price target of $31.
August 09, 2023 | 11:27 am
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Needham analyst Chris Pierce has reiterated a 'Buy' rating on Rivian Automotive and maintained a price target of $31.
The reiteration of a 'Buy' rating by a Needham analyst and the maintenance of a $31 price target indicates a positive outlook for Rivian Automotive. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100