Rivian Automotive Stock Has Nearly 100% Upside, According to 1 Wall Street Analyst

Rivian Automotive (RIVN -8.71%) investors had a traumatic Thursday, as news of rival Fisker's probable restructuring sent electric car investors scurrying for cover. However, no sooner had markets closed for the day (with Rivian stock trading down 8%) than a miracle happened:Riding in like a banker in bright shining armor, Piper Sandler analyst Alexander Potter announced he's upgrading Rivian to "overweight" -- and raising his price target to $21, implying this EV stock could nearly double in price over the ...