Goldman Sachs Maintains Neutral on Rivian Automotive, Raises Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney has maintained a Neutral rating on Rivian Automotive (NASDAQ:RIVN) and raised the price target from $18 to $23.
August 10, 2023 | 1:34 pm
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NEUTRAL IMPACT
Goldman Sachs has maintained a Neutral rating on Rivian Automotive and raised the price target from $18 to $23.
The news directly pertains to Rivian Automotive. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100