Mizuho raised the firm’s price target on Rivian Automotive (RIVN) to $13 from $11 and keeps a Neutral rating on the shares. The company reported good Q4 results with better profitability and deliveries but electric vehicle demand headwinds remain, the analyst tells investors in a research note. The firm forecasts 2026 deliveries are tracking 74,500 units, below the consensus of 94,000 deliveries.
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