Bullish
Rivian's R2 SUV garners positive early feedback, Baird maintains 'Outperform' rating.
Rivian's R2 mid-size SUV has received favorable early feedback from customers, investors, and media outlets. Following a recent showroom visit and investor relations meeting, Baird reiterated its 'Outperform' rating and $23.00 price target for Rivian, citing strong demand for the R2. This positive sentiment contributes to the stock's upward momentum.
Key points
- Baird maintains 'Outperform' rating and $23.00 price target on Rivian.
- Early feedback on R2 SUV is positive, indicating strong demand.
Sources
AI-generated from public news sources. Not financial advice.
