Why Rivian Stock Popped Tuesday

One Wall Street analyst sees more than 60% upside for Rivian stock.Shares of Rivian Automotive (RIVN 8.27%) jumped today after one Wall Street analyst began coverage and reinforced some positive projections from the electric vehicle (EV) maker. Rivian's management has previously said it expects to achieve positive gross profit in the fourth quarter.Investors reacted to the new analyst coverage positively. Rivian shares were popping higher by 7.3% as of 2 p.m. ET.Buy Rivian ahead of its Investor DayThe compa ...