Rivian Stock Gets a Target Price Cut. Wall Street Is Trying to Catch Up.

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March 24, 2022 10:37 am ET

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Analysts are adjusting their price targets for Rivian Automotive stock to reflect its extended losses over the past few months.

On Thursday, Mizuho analyst Vijay Rakesh cut his Rivian (ticker: RIVN) price target by $5 to $95 a share, but maintained his Buy rating on Rivian stock.

The stock was slipping again Thursday, down 1.2% to $45.34 in…

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