Cantor Fitzgerald Reiterates Overweight on Rivian Automotive, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard reiterates an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and maintains a $19 price target.
July 17, 2024 | 3:43 pm
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Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Rivian Automotive and maintained a $19 price target.
The reiteration of an Overweight rating and a maintained price target of $19 by a reputable analyst can boost investor confidence in Rivian Automotive, potentially leading to a positive short-term impact on the stock price.
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