UBS - Why Rivian Stock Is Accelerating To The Upside In Today's Premarket | Benzinga
Shares of Rivian Automotive, Inc. (NASDAQ:RIVN) rose sharply in premarket trading, reversing some of the downward move they witnessed in recent sessions.
Close on the heels of Wedbush analyst Daniel Ives reducing the price target for the stock from $32 to $25, two other sell-side analysts have expressed their bullishness on the stock.
UBS analyst Joseph Spak upgraded Rivian stock from Neutral to Buy while nudging down the price target from $26 to $24. The bullish call is based on the ...