It has been a good day for Rivian (NASADQ:RIVN) for a few reasons. One of the most important is a new endorsement RIVN stock received from Wall Street.Yesterday, Jefferies analyst Philippe Houchois issued a bullish $16 price target for RIVN stock and initiated a “buy” rating. As bearish sentiment toward the electric vehicle (EV) producer has been rising lately amid declining share prices, this positive take comes at an excellent time for shares. Houchois sees Rivian as “leading sustainability and environmen ...