1 Wall Street Analyst Upgraded Rivian Stock With a Possible Catalyst Ahead. Is It a Buy?

Rivian stock is near an all-time low, and there may be catalysts ahead.One Wall Street analyst thinks Rivian Automotive (RIVN 2.33%) stock has dropped far enough. UBS analyst Joseph Spak upgraded the stock of the electric vehicle (EV) maker on Tuesday, and implied there could be another upgrade ahead.Spak addressed both a short-term view as well as a specific catalyst that could drive Rivian shares higher over the long term. After Rivian stock has dropped by more than 50% in the last three months, Spak upgr ...