Rivian’s stock has an electric amount of upside potential.
At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas.
The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed.
“An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and…
Source link