On Nov 13, major Wall Street analysts update their ratings for $Rivian Automotive (RIVN.US)$, with price targets ranging from $12 to $13.
Morgan Stanley analyst Adam Jonas maintains with a hold rating, and maintains the target price at $13.
Barclays analyst Dan Levy maintains with a hold rating, and maintains the target price at $13.
Truist Financial analyst Jordan Levy maintains with a hold rating.
D.A. Davidson analyst Michael Shlisky maintains with a hold rating, and sets the target price at $12.
Furthermore, according to the comprehensive report, the opinions of $Rivian Automotive (RIVN.US)$'s main analysts recently are as follows:
While recognizing the existence of near-term challenges, it is noted that Rivian Automotive is advancing steadily towards important benchmarks. These include achieving a positive gross profit in the fourth quarter, expecting positive gross profit in 2025, and the upcoming launch of the pivotal R2. It is believed that Rivian possesses adequate liquidity to support its operations up until the introduction of the R2, suggesting that the overall trajectory of the company remains unaltered.
Here are the latest investment ratings and price targets for $Rivian Automotive (RIVN.US)$ from 4 analysts:
Note:
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