Rivian Automotive, Inc. (NASDAQ: RIVN) was featured as one of the Buzzing AI Stocks on Wall Street. Canaccord Genuity maintained its “Buy” rating on the stock with a $21.00 price target after attending RIVN’s first Autonomy & AI Day, where the company unveiled new tech and a roadmap for fully self-driving vehicles.

At Rivian’s Autonomy & AI Day in Palo Alto, attendees were impressed by the company’s tech culture and long-term vision. Rivian showcased its proprietary chip, RAP1, new software architecture, AI assistant, and plans for “personal L4” fully self-driving vehicles for personal use.

RIVN is an electric vehicle automaker that also provides software and services. While RIVN shows promise as an investment, other AI stocks may offer greater upside potential and lower downside risk. For more information on undervalued AI stocks, check out the free report on the best short-term AI stock.

For more insights on trending AI stocks on Wall Street and AI stocks analysts are closely watching, visit the links provided. Disclosure: None.

Read more at Yahoo Finance: Canaccord Maintains Buy on Rivian (RIVN) After Autonomy & AI Day