Volkswagen Aktie
WKN: 766400 / ISIN: DE0007664005
27.06.2024 15:17:08
|
Will Volkswagen News Drive Rivian Stock to $20? 1 Wall Street Analyst Thinks So.
Rivian Automotive (NASDAQ: RIVN) investors got some great news on Tuesday. Rivian and Volkswagen (OTC: VWAGY) announced they will form a joint venture (JV) that will marry Rivian technology to Volkswagen cash -- as much as $5 billion that Rivian can use to keep operating as it completes development of its widely anticipated R2 electric SUV and R3 electric car.Wall Street is applauding the JV. And on Wednesday, one analyst -- Cantor Fitzgerald -- raised its price target on Rivian stock to $20 a share. That implies a 36% price jump over the next 12 months. But is the news as good as all that?Continue readingWeiter zum vollständigen Artikel bei MotleyFool

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Volkswagen (VW) St.mehr Nachrichten
Analysen zu Volkswagen (VW) St.mehr Analysen
Aktien in diesem Artikel
Volkswagen (VW) AG Vz. | 90,12 | -4,23% |
|
Volkswagen (VW) St. | 92,35 | -3,90% |
|