Piper Sandler Upgrades Rivian Automotive to Overweight, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter upgrades Rivian Automotive (RIVN) from Neutral to Overweight and increases the price target from $15 to $21.

March 14, 2024 | 8:12 pm
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POSITIVE IMPACT
Piper Sandler upgrades Rivian Automotive to Overweight and raises the price target from $15 to $21.
The upgrade from Neutral to Overweight by a reputable analyst like Alexander Potter, coupled with a significant increase in the price target, is a strong positive signal for Rivian Automotive. This suggests a bullish outlook on the company's future performance and potential growth, likely leading to increased investor confidence and a positive short-term impact on RIVN's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100