Rivian Automotive (RIVN) Prices $1.5B Convertible Notes Offering
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- US stock futures rise as oil pullback amplifies Fed rate-hike boost
- Oil prices extend losses as supply disruption fears ease
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Exclusive-SK Hynix in talks with Intel about deal to make memory chips in US for the first time, sources say
- Trade the FOMC: How stocks tend to perform on Fed hike days
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
- Bernstein on Crypto: 'Clarity fails - what next?'
UBS upgrades Rivian (RIVN) to Buy following capital raise
October 10, 2023 9:41 AM EDTUBS upgraded electric automaker, Rivian (NASDAQ: RIVN) to a Buy rating (From Neutral) but cut their 12-month price target to $24.00 (From $26.00) following the companys most recent capital raise.
RIVN stock has experienced a decline of around 20% since 10/04. This drop can be attributed to the company's issuance of a $1.5... More
Needham Positive on Rivian Automotive Inc (RIVN), Reiterates Conviction List Pick
October 10, 2023 6:39 AM EDTNeedham & Company analyst Chris Pierce reiterated a Buy rating and $31.00 price target on Rivian Automotive Inc (NASDAQ: RIVN).
The analyst comments "We reiterate our Buy rating, $31 price target and Needham Conviction List pick on RIVN post 3Q23 delivery numbers and a convertible debt... More
'Patience is wearing thin' as Wedbush cuts estimates on Rivian (RIVN)
October 9, 2023 8:23 AM EDTWedbush reiterated their Outperform rating on Rivian (NASDAQ: RIVN) but cut their 12-month price target on the stock to $25.00 (From $30.00) as the companys robust demand continues to be overshadowed by execution/messaging missteps.
Just this past week, on the heels of a strong 3Q delivery and production report, the electric automaker announced a $1.5... More
U.S. releases new guidance on EV tax credit rebate rules
October 6, 2023 10:26 AM EDTThe U.S. Treasury Department has issued fresh guidelines on Friday, outlining updated regulations that make it simpler for individuals to recover costs associated with electric vehicle purchases using the existing EV tax incentives.
Beginning on January 1, consumers will have the option to transfer these credits directly to a car dealership, effectively reducing the purchase price for the vehicle. This change is expected to potentially boost EV... More
