Benchmark raised the firm’s price target on Rivian (RIVN) to $25 from $18 and keeps a Buy rating on the shares. Following the Q4 report, the firm says it believes Rivian is increasingly well positioned to scale toward long-term profitability.
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Read More on RIVN:
- Rivian price target raised to $11 from $10 at Mizuho
- Rivian price target raised to $15 from $12 at Wells Fargo
- Rivian: Buy Rating on R2‑Led Inflection, Improving Unit Economics, and Long‑Term Margin Expansion
- Rivian price target lowered to $18 from $20 at Piper Sandler
- Rivian upgraded to Neutral from Sell at UBS