Wells Fargo Maintains Equal-Weight on Rivian Automotive, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Rivian Automotive (NASDAQ:RIVN) and raised the price target from $14 to $24.
August 09, 2023 | 3:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Rivian Automotive and raised the price target from $14 to $24, which could potentially attract investors.
The raised price target by Wells Fargo indicates a positive outlook for Rivian Automotive. This could potentially attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100