Wedbush raises Rivian PT after VW deal

Teslarati
By Maria MeranoJun 26, 2024, 8:41 am57 pts
Wedbush raised Rivian’s price point from $15 to $20 and is maintaining its Outperform rating for the EV automaker after its deal with Volkswagen. “Huge win for RJ and Rivian and takes the biggest bear thesis around capital off the table. Still, wood to chop but a win,” commented Dan Ives on Wedbush’s…

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