Morgan Stanley Maintains Overweight on Rivian Automotive, Maintains $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas maintains an Overweight rating on Rivian Automotive (NASDAQ:RIVN) with a $13 price target.
June 26, 2024 | 5:26 pm
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Morgan Stanley analyst Adam Jonas has reiterated an Overweight rating on Rivian Automotive with a $13 price target, indicating continued confidence in the company's stock.
The reaffirmation of an Overweight rating and a $13 price target by a reputable analyst from Morgan Stanley suggests positive sentiment and confidence in Rivian's stock, likely leading to a short-term price increase.
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