Rivian Automotive Inc. is scheduled to announce its quarterly earnings on Tuesday after the bell. This update comes after the company's controversial decision to offer $1.5 billion worth of convertible debt, which received backlash from investors. Additionally, Rivian will soon face competition from Tesla Inc., which plans to release its electric pickup truck, the Cybertruck, … [Read more...] about Rivian’s Quarterly Earnings Update
Rivian
Rivian Stock Upgrade from UBS
Rivian Automotive Inc.'s stock (RIVN, +3.91%) experienced a rise of 2.6% in early trading on Tuesday following an upgrade to a buy recommendation by UBS. Despite a slight reduction of $2 in the price target, now set at $24 per share, UBS analyst Joseph Spak expressed optimism about the future prospects of the electric-vehicle manufacturer. Positive outlook after recent … [Read more...] about Rivian Stock Upgrade from UBS
