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In the year since President Biden's landmark climate law, dubbed the Inflation Reduction Act (IRA), was enacted, investment has poured into electric vehicle manufacturing capacity.
Tuesday evening, electric-vehicle start-up Rivian reported strong second-quarter numbers, and increased production guidance. Analysts and investors are happy.
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Inside the Market’s roundup of some of today’s key analyst actions
Analyst Tom Narayan from RBC research gives the stock a Neutral rating. The target price is unchanged and still at EUR 108.
Tom Narayan from RBC retains his positive opinion on the stock with a Buy rating. The target price remains unchanged at EUR 22.