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0.000949066751028079 0 0.00158177791838017 0.00220816197405875 -0.00284720025308446 0.00284720025308446 0.00348623853211006 -0.0142992723821576
Stock impact report

1 Wall Street Analyst Thinks Rivian Stock Is Going to $8. Is It a Sell? [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Rivian Automotive (NASDAQ: RIVN) , however, isn't one of them. An analyst tracking the stock maintains that it's undoubtedly a sell, even though he recently boosted his price target considerably. Here's a closer look at this bearish take on the high-profile electric vehicle (EV) company. A big boost from a professional bear Last Friday, Garrett Nelson of CFRA boosted his Rivian target price to $8 per share, which is 60% higher than his previous tag of $5. He's sticking to his sell recommendation regardless, because even with the increase, the current price target is 51% below the stock's most recent closing level. On that day, several analysts made adjustments to their Rivian evaluations. That's because in the morning, the company published its fourth-quarter and annual tallies for production and deliveries. Happily for shareholders, both numbers exceeded the consensus pundit estimates; quarterly production amounted to 12,727 vehicles, and the delivery figure was 14,183. Tho Show less Read more
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