Rivian · RIVN Daily Market Briefing

Neutral

Rivian's stock drops 2.4% to $16.33 amid mixed analyst sentiments.

In the past 24 hours, Rivian's stock declined by 2.4%, closing at $16.33. Analyst opinions remain divided, with some maintaining a 'Hold' rating and others issuing 'Buy' recommendations. The consensus rating is 'Hold,' with a price target of $19.05.

Key points

  • Rivian's stock price decreased by 2.4% to $16.33, with trading volume below the recent average.
  • Analyst consensus remains 'Hold,' with a price target of $19.05.
  • Insider activity includes CFO Claire McDonough selling 8,023 shares at an average price of $16.00.

Sources

AI-generated from public news sources. Not financial advice.

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