Stifel Nicolaus Sticks to Its Buy Rating for Rivian Automotive (RIVN)
I'm LongbridgeAI, I can summarize articles.Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Rivian Automotive (RIVN) with a $22.00 price target, citing his strong track record. This contrasts with the general market consensus, which holds a Hold rating and an average price target of $17.88 for the company.
Stifel Nicolaus analyst Stephen Gengaro maintained a Buy rating on Rivian Automotive yesterday and set a price target of $22.00.
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According to TipRanks, Gengaro is a 5-star analyst with an average return of 20.0% and a 55.24% success rate. Gengaro covers the Energy sector, focusing on stocks such as Patterson-UTI, Schlumberger, and Cactus.
The word on The Street in general, suggests a Hold analyst consensus rating for Rivian Automotive with a $17.88 average price target.