Beyond The Numbers: 15 Analysts Discuss Rivian Automotive Stock
Portfolio Pulse from Benzinga Insights
In the last three months, 15 analysts have published ratings on Rivian Automotive (NASDAQ:RIVN), with a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 6.26% to $12.73. Analysts have adjusted their ratings and price targets, reflecting changing market dynamics and company performance.
June 17, 2024 | 8:01 pm
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NEGATIVE IMPACT
Analysts have provided mixed ratings on Rivian Automotive, with the average 12-month price target decreasing by 6.26% to $12.73. This reflects a cautious outlook on the company's near-term performance.
The decrease in the average price target by 6.26% indicates a more cautious outlook from analysts. Multiple analysts have lowered their price targets, reflecting concerns about the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100