Citigroup Initiates Coverage On Rivian Automotive with Neutral Rating, Announces Price Target of $18
Citigroup analyst Michael Ward initiates coverage on Rivian Automotive (NASDAQ:RIVN) with a Neutral rating and announces Price Target of $18.
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Why It Matters
A big bank analyst started watching Rivian and set a fair price target. When an expert picks a middle ground view, it means the company has both good and tricky parts.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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