Cantor Fitzgerald Reiterates Overweight on Rivian Automotive, Maintains $19 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Rivian Automotive (NASDAQ:RIVN) and maintained a $19 price target.
September 23, 2024 | 3:38 pm
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Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Rivian Automotive and maintained a $19 price target, indicating confidence in the company's stock performance.
The reiteration of an Overweight rating and a maintained price target of $19 by Cantor Fitzgerald suggests a positive outlook on Rivian's stock. This could lead to increased investor confidence and potential upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100