Piper Sandler Maintains Overweight on Rivian Automotive, Maintains $21 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter maintains an Overweight rating on Rivian Automotive (NASDAQ:RIVN) with a $21 price target.
June 26, 2024 | 1:06 pm
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Piper Sandler analyst Alexander Potter maintains an Overweight rating on Rivian Automotive with a $21 price target.
The maintained Overweight rating and $21 price target from Piper Sandler is a positive signal for Rivian Automotive, suggesting confidence in the company's future performance. This could lead to a short-term increase in the stock price as investors react to the reaffirmed positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100