Rivian Soars on Buy Rating and Fisker Ramps Up Deliveries of New Electric SUVs
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Rivian stock rises on buy rating and optimistic Q3 delivery expectations. Rivian raised guidance after easily surpassing Q2 expectations.
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Baird analyst places buy rating on Rivian stock with $30 price target, suggesting 34% upside. Rivian stock up 6% Tuesday.
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Fisker built over 5,000 Ocean EVs, now at rate of 300 per day. Aims to deliver 300 units per day later this year.
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Fisker delivered over 900 vehicles so far. Preparing to significantly increase pace of deliveries in US and Europe.
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Fisker stock jumped 11% Tuesday following optimistic delivery updates. Stock down 25% over past few weeks.