Analyst Expectations for Rivian Automotive's Future
Portfolio Pulse from Benzinga Insights
Rivian Automotive (NASDAQ:RIVN) has received a mix of bullish and indifferent analyst ratings over the last quarter, with no bearish ratings. The average 12-month price target for the company has increased by 26.42% from the previous average of $22.07 to $27.9.
October 02, 2023 | 2:00 pm
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Rivian Automotive has seen an increase in its average 12-month price target and has received mostly bullish and indifferent analyst ratings.
The increase in Rivian's average 12-month price target and the lack of bearish analyst ratings suggest a positive outlook for the company's stock. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100