RBC cuts Rivian price target to $10 ahead of earnings report
RBC Capital cut its Rivian price target to $10 ahead of the automaker’s Q1 earnings report. RBC Capital dropped its price target for Rivian Automotive from $12 to $10 per share, sticking with a “Sector Perform” rating as it braces for the automaker’s first-quarter earnings. The firm’s new Rivian price target includes predictions for a … Read more