Rivian (RIVN) Stock: Wall Street Raises Price Target Ahead of R2 Launch

TLDR Baird upgraded Rivian to Buy with a $25 price target, up from $14 R2 platform priced at $45,000 launches mid-2026, targeting mass market buyers EV tax credit removal cut 2026 sales estimates from 97,000 to 66,000 vehicles Rivian trades at 4x sales versus Tesla’s 17x sales multiple Volkswagen partnership worth $5.8 billion validates Rivian’s [...]

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