Royal Bank Of Canada Raises Rivian Stock Price Target to $16.00
Rivian Automotive's (NASDAQ:RIVN) stock price target was increased by Royal Bank Of Canada from $14.00 to $16.00 in a recent note.
This move comes as part of ongoing analyst activity, with multiple firms revising their estimates for the electric vehicle manufacturer.
The sector-perform rating from Royal Bank Of Canada indicates a potential upside of 3.86% from the stock's previous close at $15.40.