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6.60506344161896E-06 6.60506344161896E-06 0 -0.000653901280721803 0.000667111407605041 0.00297888361217707 0.00396964312842227 -0.00131440762488522
Stock impact report

Ford and Rivian: BofA Reinstates Both as Regulatory Shift Reshapes the Auto Landscape [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
Rivian (RIVN) rated Underperform with $14 target vs. $15.105, Q4 automotive revenue down 45%, regulatory credits fell $270M. Regulatory shifts in the auto industry favor Ford's profitable commercial core and disciplined EV strategy while creating headwinds that prevent Rivian from reaching near-term profitability. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE Bank of America just put its name behind two of the most polarizing auto stocks on the market, and the signals point in opposite directions. BofA reinstated Ford (NYSE: F) with a Buy rating and a $17 price target, while slapping Rivian (Nasdaq:RIVN) with an Underperform and a $14 price target. The regulatory shift reshaping the auto landscape is the dividing line between these two calls. Three Data Points That Define the Divergence First, the street consensus on Ford is cautious but BofA is leaning bullish. The broader analyst community has 16 Hold ratings, 3 Strong Buys, and Show less Read more
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