Watching Rivian Automotive; Co Added As New "Fresh Pick" At Baird; Note Says "Expect Q3 Deliveries To Beat. We Are Designating RIVN As A Bullish Fresh Pick Into Q3 Deliveries Which We Expect Will Beat Consensus"
Portfolio Pulse from Benzinga Newsdesk
Baird has added Rivian Automotive to its 'Fresh Pack', predicting that the company's Q3 deliveries will exceed consensus estimates. Baird is bullish on Rivian (RIVN) ahead of the Q3 delivery report.
September 26, 2023 | 1:13 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Baird's addition of Rivian to its 'Fresh Pack' and bullish outlook could boost investor confidence in Rivian, potentially driving its stock price up in the short term.
Analyst ratings often influence investor sentiment. Baird's bullish outlook and expectation of Q3 deliveries beating consensus could lead to increased buying pressure for Rivian's stock, potentially driving its price up in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100