Barclays Maintains Equal-Weight on Rivian Automotive, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Equal-Weight rating on Rivian Automotive (NASDAQ:RIVN) and raises the price target from $10 to $14.

July 01, 2024 | 1:23 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Barclays analyst Dan Levy maintains an Equal-Weight rating on Rivian Automotive and raises the price target from $10 to $14.
The raised price target from $10 to $14 by Barclays suggests a positive outlook for Rivian Automotive, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a balanced view, suggesting that the stock may perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100