Cantor Fitzgerald Upgrades Rivian Automotive to Overweight, Announces $29 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has upgraded Rivian Automotive (NASDAQ:RIVN) from Neutral to Overweight and announced a price target of $29.
October 27, 2023 | 9:09 am
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Rivian Automotive has been upgraded from Neutral to Overweight by Cantor Fitzgerald, with a new price target of $29.
The upgrade from Neutral to Overweight by Cantor Fitzgerald indicates a positive outlook for Rivian Automotive. The new price target of $29 also suggests potential upside for the stock. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100