Rivian Gets First Rating. It’s a Buy and $130 Price Target.

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Courtesy Rivian

The Rivian scores deluge has actually begun. Financiers need to more than happy.

Rivian Automotive (ticker: RIVN) got its very first ranking. It’s a Buy from Wedbush expert Dan Ives. His cost target is $130, practically 25% greater than where Rivian closed for trading on Friday.

Ives calls Rivian an “EV stalwart in the making,” including the business “looking …

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