Rivian (RIVN) Back in Focus After Analyst Upgrade Tied to R2 Launch Plans

Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the AI Stocks on the Market’s Radar. On December 18, Baird upgraded the stock to “Outperform” and also raised the price target to $25 from $18. The upgrade reflects the firm's growing optimism around product momentum and technological progress ahead of the R2 launch in 2026. “We are upgrading RIVN to Outperform as we move into 2026 which is the year of the R2 launch.” The firm anticipates the launch of the R2, an upcoming all-electric mid-size SUV by Rivia ...