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2.2

Piper Sandler upgrades Rivian to Overweight, raises price target to $20

Piper Sandler upgraded Rivian Automotive to Overweight, citing improved EV demand, successful R2 SUV launch prospects, and a strengthened balance sheet. The firm anticipates that increased vehicle production will drive long-term growth in software and services revenue.

Walter Bloombergabout 10 hours agoUSCredibility 63%View source

Score Breakdown

Mosaic Score2.2
Confidence0.9
Significance0.1
Source credibility0.6

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