Rivian Automotive (RIVN) and Volkswagen Group (VWAGY) Launch their JV
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/21/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- Fed: Nine Of 18 FOMC Participants Pencil In 2026 Rate Hike
- Delta Air Lines (DAL) Raises Quarterly Dividend 14.7% to $0.2150; 1% Yield
- Oil rises 1% on US-Iran deal doubts; IEA warns of supply glut
Deutsche Bank Reiterates Hold Rating on Rivian Automotive Inc (RIVN)
November 13, 2024 6:37 AM ESTDeutsche Bank analyst Edison Yu reiterated a Hold rating and $12.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).
The analyst comments "Last night, Rivian and VW provided additional details about their deep collaboration first announced back in June. The joint venture between the two companies officially came into fruition, setting up to share R&D and development costs for EV electrical architecture and software that will ultimately be used across multiple models/brands. Notably, the maximum potential investment into Rivian has now increased from its prior value of $5.0bn to ~$5.8bn. The... More
