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Wall Street analyst updates Rivian (RIVN) stock price

As Rivian’s (NASDAQ: RIVN) stock price seeks to maintain its recent bullish momentum, a Needham analyst has issued a more optimistic outlook for the equity.As of press time, RIVN shares were trading at 13.26,up1.313.26, up 1.3%. On the weekly chart, the stock has gained over 6%, while year-to-date, Rivian shares have only inched up 0.11%.RIVN one-week stock price chart. Source: FinboldRegarding the stock outlook, Needham analyst Chris Pierce reiterated a ‘Buy’ rating on Rivian and maintained a 14 price target, citin ...