Rivian Automotive (RIVN) Receives a Hold from N/A
N/A analyst reiterated a Hold rating on Rivian Automotive (RIVN – Research Report) today and set a price target of $13.00. The company's shares closed today at $13.91.
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In addition to N/A, Rivian Automotive also received a Hold from Mizuho Securities's Vijay Rakesh in a report issued today. However, on June 23, Bernstein maintained a Sell rating on Rivian Automotive (NASDAQ: RIVN).
Based on Rivian Automotive's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.24 billion and a GAAP net loss of $545 million. In comparison, last year the company earned a revenue of $1.2 billion and had a GAAP net loss of $1.45 billion
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