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BofA analysts maintained a Buy rating on Rivian Automotive (NASDAQ: RIVN) in a note this week despite a slowdown in EV demand, assessing whether the company can turn a profit soon.
Following Rivian's Investor Day, BofA highlighted the company's focus on cost reduction and its recently announced joint venture with Volkswagen as positive... More
RBC Capital analyst Joseph Spak raised the price target on Rivian Automotive Inc (NASDAQ: RIVN) to $14.00 (from $11.00) while maintaining a Sector Perform rating.
The analyst comments "$2B in increased liquidity from VW should help Rivian bridge to R-2 and 2027. That said, we... More