2 07, 2024

Volkswagen is Investing Billions into Rivian: Why You Should Invest in RIVN, Too

By |2024-07-02T17:30:57+00:00July 2nd, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

All eyes are on Volkswagen and Rivian right now, as just last week the two automakers teamed up to create an EV-focused joint venture. Volkswagen will gain access to Rivian’s EV technology and a heap of Rivian stock (RIVN) in exchange for up to a $5 billion investment. Shares of RIVN are up 30% [...]

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11 10, 2023

Rivian Gets a Buy Upgrade From UBS, But VectorVest Still Shows a Sell Rating: Here’s Why…

By |2023-12-07T19:49:47+00:00October 11th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Rivian Automotive (RIVN) got an upgrade Tuesday from UBS analyst Joseph Spak. He moved his position on the stock from hold to buy, and yet he lowered his price target from $26 to $24. This came after the company raised a whopping $1.5 billion on October 5 - something that caught investors and Wall [...]

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