Truist Securities Maintains Hold on Rivian Automotive, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Jordan Levy has maintained a Hold rating on Rivian Automotive (RIVN) and kept the price target at $11.

April 03, 2024 | 1:41 pm
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Truist Securities maintains a Hold rating on Rivian Automotive with a $11 price target.
The maintenance of a Hold rating and a steady price target by a significant analyst like Truist Securities suggests no immediate positive or negative catalysts for Rivian Automotive's stock price in the short term. The analyst's decision to maintain the current rating and price target indicates a neutral outlook on the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100