RBC Capital Maintains Sector Perform on Rivian Automotive, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains a Sector Perform rating on Rivian Automotive (NASDAQ:RIVN) and raises the price target from $11 to $14.
July 01, 2024 | 1:40 pm
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RBC Capital analyst Tom Narayan maintains a Sector Perform rating on Rivian Automotive and raises the price target from $11 to $14.
The raised price target from $11 to $14 by RBC Capital suggests a positive outlook for Rivian Automotive, which could lead to a short-term increase in stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the market.
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