Wedbush raises Rivian PT after VW deal

Wedbush raised Rivian’s price point from $15 to $20 and is maintaining its Outperform rating for the EV automaker after its deal with Volkswagen.  “Huge win for RJ and Rivian and takes the biggest bear thesis around capital off the table. Still, wood to chop but a win,” commented Dan Ives on Wedbush’s latest move.  … Continue reading Wedbush raises Rivian PT after VW deal