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Rivian Stock Has Another 25% Upside, According to 1 Wall Street Analyst
RIVNRivian Automotive(RIVN) The Motley Fool·2024-12-11 18:58

Rivian Automotive (RIVN -3.35%) shares have been on a tear. The electric vehicle (EV) maker's stock price has rocketed about 36.5% higher in the last month. One Wall Street analyst thinks that's just the start of a rally.Investors have bid up Rivian shares in recent weeks as the company announced how it plans to spend a big influx in capital it expects to get. The additional capital would bolster the balance sheet for Rivian just as it begins production of its R2 vehicle platform that, as a lower-priced SUV ...