CFRA Reaffirms Sell Rating on Rivian and Maintains $8 Price Target

Analysis of CFRA's Latest Recommendation

In a recent update, CFRA has reiterated their sell rating on Rivian, along with maintaining a price target of $8.

Key Points:

• CFRA maintains a bearish outlook on Rivian's stock.
• The $8 price target indicates a significant downside potential.
• Investors are cautioned about the risks associated with Rivian's performance.

In conclusion, CFRA's sell rating and price target reaffirm the ongoing challenges facing Rivian, signaling caution for prospective investors.