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A Quick Look at Today's Ratings for Rivian Automotive(RIVN.US), With a Forecast Between $12 to $16

Futu News ·  Nov 14 21:00  · Ratings

On Nov 14, major Wall Street analysts update their ratings for $Rivian Automotive (RIVN.US)$, with price targets ranging from $12 to $16.

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.

Deutsche Bank analyst Edison Yu maintains with a hold rating, and adjusts the target price from $13 to $12.

Stifel analyst Stephen Gengaro maintains with a buy rating, and maintains the target price at $16.

Truist Financial analyst Jordan Levy maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Rivian Automotive (RIVN.US)$'s main analysts recently are as follows:

  • Optimism surrounds Rivian Automotive following the announcement of its deal conclusion with VW, which is seen as substantially enhancing the company's balance sheet and liquidity. This development is also indicative of the value placed on vehicle technology platforms, particularly the capability to successfully market software and services.

Here are the latest investment ratings and price targets for $Rivian Automotive (RIVN.US)$ from 5 analysts:

StockTodayLatestRating_nn_81179177086489_20241114_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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