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Rivian Stock Forecast & Price Analysis

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Rivian went public on November 9, 2021, as well as is available for trading on the NASDAQ under the stock tag RIVN. 

Rivian went public on November 9, 2021, as well as is available for trading on the NASDAQ under the stock tag RIVN. 

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Rivian Automotive has gotten an agreement rating of Buy.  

Rivian Automotive has gotten an agreement rating of Buy.  

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The company's average rating score is 2.54, and also is based upon 15 buy ratings, 7 hold rankings, as well as 2 sell rankings. 

The company's average rating score is 2.54, and also is based upon 15 buy ratings, 7 hold rankings, as well as 2 sell rankings. 

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It's still an extremely speculative stock, however it might be worth purchasing if you believe the company can fulfill its enthusiastic production targets this year. 

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The 16 experts using 12-month price forecast for Rivian Automotive Inc have median target of 50.50,.......

The 16 experts using 12-month price forecast for Rivian Automotive Inc have median target of 50.50,.......

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with a high price quote of 83.00 as well as a reduced price quote of 27.00. The typical estimate represents a +53.45% boost from the last price of 32.91. 

with a high price quote of 83.00 as well as a reduced price quote of 27.00. The typical estimate represents a +53.45% boost from the last price of 32.91. 

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Is Rivian owned by Ford?  Ford Motor Co (F.N) sold eight million shares of electric-car maker Rivian Automotive Inc (RIVN. O) ......

Is Rivian owned by Ford?  Ford Motor Co (F.N) sold eight million shares of electric-car maker Rivian Automotive Inc (RIVN. O) ......

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for $214 million, or $26.80 apiece, the U.S. car manufacturer claimed in a filing on Tuesday. 

for $214 million, or $26.80 apiece, the U.S. car manufacturer claimed in a filing on Tuesday. 

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Amazon.com owns about 17.7% of Rivian, while Ford owns 11.4%. Amazon was not anticipated to sell, Bloomberg reported. 

Amazon.com owns about 17.7% of Rivian, while Ford owns 11.4%. Amazon was not anticipated to sell, Bloomberg reported. 

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Despite slashing price target for Rivian stock to $60 per share from $130, Ives stays positive that the Rivian story is "fixable" as well as shares will eventually rebound. 

Despite slashing price target for Rivian stock to $60 per share from $130, Ives stays positive that the Rivian story is "fixable" as well as shares will eventually rebound. 

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Everything You Wanted to Know About US Stock Market

Everything You Wanted to Know About US Stock Market

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References:- 1. marketbeat.com  2. cnn.com  3. reuters.com  4. cnbc.com

References:- 1. marketbeat.com  2. cnn.com  3. reuters.com  4. cnbc.com

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