RBC Capital Reiterates Sector Perform on Rivian Automotive, Maintains $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan has reiterated a Sector Perform rating on Rivian Automotive (NASDAQ:RIVN) and maintained a $15 price target.
August 16, 2024 | 3:56 pm
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RBC Capital analyst Tom Narayan has reiterated a Sector Perform rating on Rivian Automotive and maintained a $15 price target.
The reiteration of a Sector Perform rating and maintenance of a $15 price target by RBC Capital suggests a neutral outlook for Rivian Automotive in the short term. This indicates that the stock is expected to perform in line with the sector, and there are no significant changes in the analyst's view.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100