Rivian-Volkswagen Partnership A 'Game-Changer,' Says One Analyst: A 'Mystery,' Says Another
Portfolio Pulse from Hayden Buckfire
Analysts have mixed reactions to Rivian's $5 billion joint venture with Volkswagen. Piper Sandler is bullish, seeing it as a game-changer, while D.A. Davidson is skeptical, citing unanswered questions about the deal's financial structure.
June 28, 2024 | 8:37 pm
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Rivian's $5 billion joint venture with Volkswagen has received mixed reactions from analysts. Piper Sandler is optimistic, citing lower COGS and validation of Rivian's in-house electronics. D.A. Davidson is cautious, pointing to unanswered questions about the deal's financial structure.
The mixed analyst reactions create uncertainty around Rivian's stock. Piper Sandler's positive outlook could drive short-term gains, but D.A. Davidson's concerns may limit upside potential.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100