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Re: uranium-pinto-beans post# 351627

Thursday, 05/12/2022 6:52:56 AM

Thursday, May 12, 2022 6:52:56 AM

Post# of 363536
Rivian Automotive price target lowered to $80 from $90 at Mizuho
Mizuho analyst Vijay Rakesh lowered the firm's price target on Rivian Automotive to $80 from $90 and keeps a Buy rating on the shares. The company reported a "soft" quarter as it remains in the early stages of ramping its R1 and EDV vehicles, Rakesh tells investors in a research note. The analyst lowered estimates but cites Rivian's strong backlog in reiterating a Buy rating.

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