10 Market Beasts Leaving Wall Street in the Dust

2. Rivian Automotive Inc. (NASDAQ:RIVN)

Rivian Automotive snapped two days of losses on Friday, surging 26.64 percent to close at $17.73 apiece as investors took heart from a mix of positive ratings and higher price targets from three investment companies.

In a market report, Deutsche Bank turned bullish for Rivian Automotive Inc. (NASDAQ:RIVN), upgrading its stock to “buy” from “hold” previously, while raising its price target by 44 percent to $23 from $16.

Meanwhile, Wedbush maintained its “outperform” rating and $25 price target for the stock, saying that its outlook for Rivian Automotive Inc. (NASDAQ:RIVN) remained positive despite a challenging market environment for electric vehicles.

It noted the EV firm’s fourth quarter earnings results, which beat expectations, alongside a “hittable” 2026 guidance of 54 percent growth year-on-year.

“We continue to remain confident in the long-term vision that RIVN is amid a massive transformation,” Wedbush said, underscoring the EV firm’s production of R1 vehicles and ramp-up of its R2 variants beginning this year.

It also noted its AI advancing capabilities with a new voice assistant powered by an in-house agentic AI framework, and that its custom chip for self-driving technology is expected to debut late this year across its F2 fleet.

Meanwhile, investment firm UBS upgraded its rating for Rivian Automotive Inc. (NASDAQ:RIVN) to “neutral” from “sell” previously, as well as its price target to $16 from $15 prior.