Goldman Sachs raised the firm’s price target on Rivian (RIVN) to $18 from $16 and keeps a Neutral rating on the shares. Rivian’s Q4 deliveries were 9.7K, down 26% quarter over quarter and 31% year over year, slightly below the firm’s estimate, the analyst tells investors in a research note. Goldman believes key focus items going forward will be on the R2, and with its autonomy efforts.
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