Rivian Automotive price target raised to $12 from $10 at Goldman …

3 days ago · Goldman Sachs raised the firm’s price target on Rivian Automotive to $12 from $10 and keeps a Neutral rating on the shares.The firm is positive on the company announcing the …

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Rivian Automotive Price Target Raised To $12 From $10 At Goldman …

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3 days ago · Goldman Sachs raised the firm’s price target on Rivian Automotive to $12 from $10 and keeps a Neutral rating on the shares.The firm is positive on the company announcing the …

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Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market

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3 days ago · Rivian and Volkswagen's joint venture targets $5.8 billion in investments by 2027. Analyst raises Rivian's price target to $12, citing improved liquidity and JV benefits. Goldman …

benzinga.com

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Rivian Automotive (NASDAQ:RIVN) Shares Down 4.3% - MarketBeat

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1 day ago · RIVN has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their price objective on shares of Rivian Automotive from $10.00 to …

marketbeat.com

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Analyst Expectations For Rivian Automotive's Future - Nasdaq

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Jul 12, 2024 · In the last three months, 25 analysts have published ratings on Rivian Automotive (NASDAQ: ... Goldman Sachs: Raises: Neutral: $14.00: $11.00: Tom Narayan: RBC Capital: …

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Volkswagen Raises Investment In Rivian To $5.8 Billion

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4 days ago · Nov 12 (Reuters) - Volkswagen Group (VOWG_p.DE), opens new tab raised its investment in Rivian (RIVN.O), opens new tab by 16% to $5.8 billion, the two automakers said …

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Rivian Shares Surge 28% After Volkswagen’s $5 Billion Investment

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Jun 26, 2024 · Shares for Rivian rose by over 28% on Wednesday, putting the electric vehicle maker on track for its largest single-day gain ever, after the company announced a joint …

forbes.com

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Goldman Sachs Maintains Neutral Rating For Rivian Automotive: …

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May 10, 2023 · Goldman Sachs has decided to maintain its Neutral rating of Rivian Automotive (NASDAQ:RIVN) and lower its price target from $18.00 to $16.00. Shares of Rivian …

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Volkswagen Invests $5 Billion In Rivian For Software Development ...

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Jun 26, 2024 · It also affords Rivian, which lost $1.4 billion in the first quarter, a financial cushion to continue developing a much cheaper SUV. ... Software is one of Rivian's strengths, …

businessinsider.com

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Rivian Secures Up To $5 Billion From Volkswagen; Shares Soar 40

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Jun 25, 2024 · Rivian stock closed Tuesday at $11.96 a share, down roughly 49% in 2024. The initial $1 billion from Volkswagen will be in the form of a convertible note, which could be …

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The Goldman Sachs Group Forecasts Strong Price Appreciation For …

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1 day ago · Rivian Automotive (NASDAQ:RIVN – Get Free Report) had its target price hoisted by equities research analysts at The Goldman Sachs Group from $10.00 to $12.00 in a report …

etfdailynews.com

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Rivian Valued At Over $100 Bln In Debut, After World's Biggest IPO …

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Nov 11, 2021 · Shares of Rivian Automotive Inc surged as much as 53% in its Nasdaq debut on Wednesday, giving the Amazon-backed electric vehicle maker a market valuation of more than …

reuters.com

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Assessing Rivian Automotive: Insights From 30 Financial Analysts

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Apr 3, 2024 · In the assessment of 12-month price targets, analysts unveil insights for Rivian Automotive, presenting an average target of $17.07, a high estimate of $25.00, and a low …

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EV Maker Rivian Wants To Raise $8.4 Billion In IPO | Fortune

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Nov 2, 2021 · BY Crystal Tse, Edward Ludlow and Bloomberg. Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., is seeking to raise as much as $8.4 billion in an …

fortune.com

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Goldman Sachs Maintains Neutral On Rivian Automotive, Raises …

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3 days ago · Goldman Sachs analyst Mark Delaney maintains Rivian Automotive (NASDAQ:RIVN) with a Neutral and raises the price target from $10 to $12.

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FAQs about Rivian Automotive price target raised to $12 from $10 at Goldman … Coupon?

Should Goldman Sachs buy Rivian Automotive (Rivn)?

Goldman Sachs raised the firm’s price target on Rivian Automotive (RIVN) to $12 from $10 and keeps a Neutral rating on the shares. The firm is positive on the company announcing the closing of its deal with VW (VWAGY) as it is significantly improving Rivian’s balance sheet and liquidity, the analyst tells investors in a research note. ...

Who offered Rivian's shares to retail investors?

Rivian's shares were also offered to retail investors on Social Finance Inc (SoFi). Morgan Stanley, Goldman Sachs and J.P. Morgan were the lead underwriters for the offering. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. ...

Why did Rivian Automotive achieve a strong revenue growth rate?

This could be due to various factors, including perceived growth potential or operational scale. Revenue Growth: Over the 3 months period, Rivian Automotive showcased positive performance, achieving a revenue growth rate of 98.34% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. ...

Why did Rivian ask workers to take a 10% pay cut?

The German automaker recently asked its workers to take a 10% pay cut, saying it was the only way the company could save jobs and remain competitive, after profits plunged and union bosses threatened strikes. Rivian's Chief Software Officer Wassym Bensaid and VW Group's Chief Technical Engineer Carsten Helbing will lead the joint venture . ...

How much money does Rivian make a year?

Despite just having started selling vehicles and having little revenue to report, Rivian ranked ahead of General Motors Co (GM.N) at $86.05 billion, Ford Motor Co (F.N) at $77.37 billion, and Lucid Group (LCID.O) at $65.96 billion. read more ...

How much money did Volkswagen invest in Rivian?

Rivian reported $7.86 billion in cash, cash equivalents and short-term investments to end March, with more than $9 billion in total liquidity. Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. ...