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Stock impact report

Rivian Stock Popped 15% Thursday, but There Could Be Room to Run [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
One analyst recently upgraded Rivian from a $20 price target up to $25. Rivian's R2 will be key to building scale and driving toward profitability. 10 stocks we like better than Rivian Automotive › With the Trump administration pulling back support for electric vehicles (EVs), adding tariffs to automotive import vehicles and parts, and removing the $7,500 federal EV tax credit, it's going to be tough for the U.S. EV industry to expand in the near term. That creates a scary environment for young EV start-ups such as Rivian (NASDAQ: RIVN) But here's a little good news for Rivian investors while they wait for the highly anticipated R2 to hit the roads next year. Rivian investors received a vote of confidence from Baird analyst Ben Kallo, as he upgraded Rivian shares from hold to buy and also bumped the price target from $14 up to $25 per share. Thirty percent of analysts covering the stock say its shares are a buy, according to FactSet . But what exactly is driving this analys Show less Read more
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