Deutsche Bank Maintains Buy on Rivian Automotive, Raises Price Target to $29
Portfolio Pulse from jenniferd'souza@benzinga.com
Deutsche Bank analyst Emmanuel Rosner has maintained a 'Buy' rating on Rivian Automotive (NASDAQ:RIVN) and raised the price target from $26 to $29.
August 09, 2023 | 4:12 pm
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Deutsche Bank has maintained a 'Buy' rating on Rivian Automotive and raised the price target from $26 to $29.
The 'Buy' rating maintained by Deutsche Bank indicates a positive outlook for Rivian Automotive. The increase in the price target from $26 to $29 suggests that the analyst expects the stock price to rise in the short term. This could potentially lead to an increase in the stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100