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: Rivian’s stock rises after upgrade with analyst saying entry to Europe is a welcome boost

Rivian Automotive Inc.’s stock rose Wednesday, after D.A. Davidson upgraded the stock and said headlines on the electric vehicle maker are becoming more positive.

“The most recent one — RIVN’s imminent entry into Europe with its delivery van — was expected eventually, but far earlier than we anticipated,” analyst Michael Shlisky wrote in a note to clients.


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