Cantor Fitzgerald Reiterates Overweight on Rivian Automotive, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and maintained a $15 price target.
June 17, 2024 | 5:35 pm
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Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Rivian Automotive and maintained a $15 price target.
The reiteration of an Overweight rating and the maintenance of a $15 price target by a reputable analyst can boost investor confidence in Rivian Automotive, potentially leading to a short-term increase in stock price.
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