Business

Rivian Will get One other Purchase Ranking. Why Analysts Are Overlooking Ford.


Electric truck maker


Rivian Automotive


picked up a new Buy rating, but the optimism for leading EV start-up stocks just won’t spill over to the traditional auto industry

.

Truist analyst Jordan Levy launched coverage of Rivian (ticker: RIVN) on Wednesday with a Buy rating and $65 price target. That is up almost 100% from recent levels.



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