Wolfe Research Assumes Rivian Automotive at Peer Perform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Emmanuel Rosner has assumed coverage of Rivian Automotive with a Peer Perform rating.
September 05, 2024 | 6:14 pm
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Wolfe Research has initiated coverage on Rivian Automotive with a Peer Perform rating, indicating a neutral stance on the stock.
The Peer Perform rating from Wolfe Research suggests that Rivian's stock is expected to perform in line with its peers. This neutral rating may not significantly impact the stock price in the short term, as it neither suggests a strong buy nor a sell recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100