1 Wall Street Analyst Thinks Rivian Stock Is Going to $8. Is It a Sell?
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A Wall Street analyst has set a price target of $8 for Rivian Automotive (RIVN), suggesting a bearish outlook for the stock. This indicates potential challenges for Rivian in the near future.
January 07, 2025 | 11:15 am
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A Wall Street analyst has set a price target of $8 for Rivian Automotive, indicating a bearish outlook and potential challenges for the company.
The analyst's price target of $8 is significantly lower than Rivian's current trading price, suggesting a negative sentiment and potential downside risk for the stock. This could lead to selling pressure as investors react to the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100