Daniel Ives analyst at Wedbush reiterates coverage on Rivian Automotive (RIVN) in the healthtech stock sector with a Buy rating. TipRanks.com has Ives rated as a 4.6 star analyst with a 55% return on investment and a 9.7% success rate. Ives has set a price target of $ 45.
TipRanks.com reports that Rivian Automotive stock currently has 12 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $50.33. The target pricing ranges from a high forecast of $75.00 down to a low forecast of $27.00. Rivian Automotive (RIVN) stock's last closing price was $38.74 which would put the average price target at 29.92% upside.
In addition, Barchart.com has a Weak buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on RIVN's stock.
Other analysts covering RIVN stock include:
- John Murphy of Bank of America Securities issued a Buy rating with the price target of $ 70 on 3 days ago
- Emmanuel Rosner of Deutsche Bank issued a Buy rating with the price target of $ 46 on 4 days ago
- Joseph Spak of RBC Capital issued a Buy rating with the price target of $ 75 on 4 days ago
- Adam Jonas of Morgan Stanley issued a Buy rating with the price target of $ 60 on 1 month ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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