Technology stocks

is rivian stock a buy

Is Rivian Stock a Buy? Wallstreet analyst sets $170 price target

Over the weekend, multiple analysts weighed in on Rivian Stock providing their valuations over the next 12 months. Rivian Stock first made headlines in November after its post-IPO surge. The stock price reached heights of $179 a share before finding an equilibrium at $116. Rivian has large stakeholders including Ford and Amazon, of which Amazon …

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Amazon Stock price target

Amazon Stock Price Target Boosted to $4,700 By UBS

Despite a choppy 2021 for the wider tech market, Amazon has remained relatively steady gaining 8% over the past 6 months. As the largest Blue Chip company on the market, Amazon Stock maintains a strong reputation on Wallstreet. In fact, Amazon.com Stock is one of the highest rated stock across Wallstreet according to MarketBeat data. …

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Snap Inc Stock

Snap Inc Stock: Snap Attempts To Bounce Back After IOS Policy Changes

Snap Inc Stock (NYSE: SNAP) has been stumbling as investors worry over the new policies put in place by Apple in regards to making advertising through IOS more challenging. In one month alone, Snap shares plummeted more than 25%, leaving investors wondering if the core advertising business on the product platform Snapchat is still viable …

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XL Fleet stock forecast

XL Fleet Stock Forecast – will the stock bounce back?

XL Fleet Corp (NYSE: XL) first caught investors interests in the peak of the 2020 SPAC hype. The company completed their SPAC merger with PIC and are now listed on the NYSE. Since then XL Fleet has been pummelled by shorts, with the stock down 60% over the past 12 months. The stock peaked at …

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DraftKing Stock Forecast

DraftKing Stock Forecast: Will DKNG stock bounce back in 2021?

It is interesting how a narrative takes shape for a budding industry like sports betting, and yet the results have zero impact on a company’s stock. This has been the case for DraftKings this year, with so many people believing that the company would thrive as sports betting continued to be legalized in the United …

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Palantir stock Q3

PLTR Stock: Palantir reports deal value of $3.6 Billion in pipeline

Earlier today, Palantir reported positive Q3 results which beat Wallstreet’s expectations on a revenue and earnings per share basis. The company reported their quarterly Earnings per share (EPS) at $0.04, which beat consensus by 33%, while the companies revenues reached $392 Million for the quarter, representing a strong YOY growth rate of 36%. Interestingly, the …

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Nio stock price target

Deutsche Bank boosts Nio Stock price target suggesting 65% upside

Nio Stock (NYSE:NIO) is once again gaining momentum on Wallstreet after a 3 month downtrend, with Nio shares gaining 18.03 percent over the past month. The swing in investor sentiment has been driven by multiple catalysts, including a boosted price target from Deutsche Bank analyst Edison Yu. The boosted valuation came as a surprise to …

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MVST stock

MVST Stock: Why Microvast Holdings is trading higher today

Lithium battery manufacturer, Microvast (NASDAQ:MVST) first caught investors attention after the completion of their highly anticipated merger with SPAC company Tuscan Holdings (NASDAQ:THCB). Microvast Stock has struggled since its debut on Wallstreet, currently trading below its PIPE offering price of $10. Nevertheless, the bulls are confident Microvast’s positioning as a global leader in providing next …

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Lucid Motors Stock: The Lucid Air dream becomes a reality for investors

Lucid Motors stock (NASDAQ:LCID) remains one of the most watched stocks on the NASDAQ this year as the company closes in on its first deliveries of its luxury EV Lucid Air model. The stock gained 28% in yesterday’s trading session, marking one of its best trading days since its merger with CCIV. The importance behind …

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Cloudflare Stock: a Short-term Winner or Long-term Opportunity?

Network-based cloud computing is beginning to become a critical piece of infrastructure for businesses as they run operations on a global scale. However, security vulnerabilities are a concern, which is why solutions are being developed. Cloudflare (NYSE: NET) is a cloud-based service company that provides network security and protects operations of an abundance of internet …

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