Wells Fargo maintains Rivian Automotive at 'equal weight' with a price target of $24.00

  • Investing.com
Wells Fargo maintains Rivian Automotive at 'equal weight' with a price target of $24.00
Credit: © Reuters.

An analyst from Wells Fargo maintained Rivian Automotive (NASDAQ: RIVN ) at 'equal weight' with a price target of $24.00 from a prior price target of %currency%%price%.

Prior to this rating, Rivian Automotive had 14 buy ratings, 9 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Rivian Automotive, click here. For more news on Rivian Automotive, click here.

Rivian Automotive's stock price closed at $24.80. They are down -0.2% in the last month and down -33.69% in the last 12 months.

According to Investing Pro, Rivian Automotive's fair value is $29.61, an upside of 19.38%. Rivian Automotive's fair value comes with a high degree of uncertainty, according to InvestingPro.

Check out Rivian Automotive's recent earnings performance and financials here.

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