Rod Lache analyst at Wolfe Research reiterates coverage on Rivian Automotive (RIVN) in the Consumer Goods sector with a Buy rating. TipRanks.com has Lache rated as a 4.5 star analyst with a 61% return on investment and a 11.7% success rate. Lache has set a price target of $ 44.
TipRanks.com reports that Rivian Automotive currently has 15 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $51.46. The target pricing ranges from a high forecast of $108.00 down to a low forecast of $24.00. Rivian Automotive (RIVN)’s last closing price was $28.92 which would put the average price target at 77.94% upside.
In addition, TradingView issued a Neutral rating for RIVN over the next month, Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on RIVN.
Other analysts covering RIVN include:
- Adam Jonas of Morgan Stanley issued a Buy rating with the price target of $ 60 on 4 days ago
- Brian Johnson of Barclays issued a Hold rating with the price target of $ 24 on 1 week ago
- James Picariello of BNP Paribas issued a Hold rating with the price target of $ 26 on 1 week ago
- Alexander Potter of Piper Sandler issued a Buy rating with the price target of $ 108 on 1 week ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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