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Rivian shares bucked the trend and fell more than 1%

Tiger Newspress2021-12-07

Rivian shares bucked the trend and fell more than 1% as Ford could sell down Rivian stake to fuel its business, RBC said.

Analysts at RBC Capital on Monday raised their price target on Ford Motor Co. stock to $21, from $17, saying they continue to see upside for the auto maker. Their new valuation method includes further breaking up Ford's business, including its electric-vehicle business and investments in Rivian Automotive Inc., to value the shares, they said.

On Rivian, the analysts said they believe Ford views its investment in Rivian "as a financialone, so they may eventually sell-down to help fund Ford's organic investment or other cash calls."

Ford Chief Executive Jim Farley last month vowed that Ford would become the second largest U.S. electric-vehicle maker.

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评论19

  • Sharon87
    ·2021-12-08
    I will wait for Ford to sell off Rivian and buy the dip! 
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    • JL1
      Totally agree. I think there is potential in Rivian
      2021-12-08
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  • bunga08
    ·2021-12-08
    Cool
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  • Philentoma
    ·2021-12-08
    Ok
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  • Boo2bear
    ·2021-12-08
    Overvalued start off with. So natural to see sell off. 
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  • Gladys8jk
    ·2021-12-08
    Ok
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  • andrew123
    ·2021-12-08
    Like
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  • YPT
    ·2021-12-07
    Good
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  • Investigater
    ·2021-12-07
    Oh no
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  • CHP1
    ·2021-12-07
    Nice
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    • Fenmeng
      Nice
      2021-12-07
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  • SanWangtikup
    ·2021-12-07
    Good 
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    • iHuat
      Ok too
      2021-12-07
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    • CHP1
      ok
      2021-12-07
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    • Stormytw
      nice
      2021-12-07
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  • NGKH
    ·2021-12-07
    Nice 
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  • ycwoo
    ·2021-12-07
    Iike
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  • adepickle
    ·2021-12-07
    Like
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    • Tazlim
      Yes
      2021-12-07
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    • ycwoo
      ok
      2021-12-07
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  • InvKeJ
    ·2021-12-07
    [财迷] 
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  • jcwe
    ·2021-12-07
    ok
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    • jcwe
      ok
      2021-12-07
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  • yl2021
    ·2021-12-07
    Like
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    • InvKeJ
      done
      2021-12-07
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  • Adelinecjr
    ·2021-12-07
    [Strong] 
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    • koolgal
      Thanks
      2021-12-15
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  • LifeLearner
    ·2021-12-07
    still have faith in rivian
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    • Sharon87
      Same here. Im just gonna buy more
      2021-12-08
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  • Bevk
    ·2021-12-07
    Like thx
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    • SafetyFirst
      comment
      2021-12-09
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    • yl2021
      ok
      2021-12-07
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