Deutsche Bank Reinstates Hold on Rivian Automotive, Announces $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Edison Yu has reinstated a Hold rating on Rivian Automotive (NASDAQ:RIVN) and set a price target of $14.
September 10, 2024 | 12:22 pm
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Deutsche Bank analyst Edison Yu has reinstated a Hold rating on Rivian Automotive with a $14 price target, indicating a cautious outlook.
The Hold rating and $14 price target suggest that Deutsche Bank sees limited upside potential for Rivian in the short term. This could lead to neutral market sentiment, as the price target is close to the current trading price.
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