Wedbush Lifts Rivian (RIVN) Price Target Ahead of R2 Launch
Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the AI Stocks Making Waves on Wall Street. On December 19, Wedbush reiterated the stock as “Outperform” and raised its price target to 16.00). The firm is optimistic on Rivian ahead of the R2 launch in 1H26, autonomy progress, and cost discipline despite tariff headwinds. “We are raising our price target of RIVN from 25 while maintaining our OUTPERFORM rating as 2026 represents a significant year for the company with the launch of R2 i ...