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Rivian Automotive (RIVN) Unveils Custom AI Chips and Autonomy Strategy, Needham Boosts Price Target
Yahoo Finance· 2026-01-02 15:50
Rivian Automotive, Inc. (NASDAQ:RIVN) ranks among the best stocks under $25 to buy now. On December 12, Needham analyst Chris Pierce boosted Rivian Automotive, Inc. (NASDAQ:RIVN)’s price target to $23 from $14, retaining a Buy rating on the company’s shares. The boost comes after Rivian’s inaugural Autonomy & AI Day, where the company introduced its customized silicon chips, next-generation autonomy service, and extensive AI integration plan. During the event, Rivian Automotive, Inc. (NASDAQ:RIVN) unveil ...