Rivian Automotive Inc. (NASDAQ:RIVN) saw a 26.64% surge in its stock price on Friday, closing at $17.73 per share after receiving positive ratings and higher price targets from investment companies. Deutsche Bank upgraded RIVN to a “buy” rating with a price target of $23, while Wedbush maintained an “outperform” rating with a $25 price target. The company’s fourth quarter earnings beat expectations, and its 2026 guidance forecasts 54% growth year-on-year. Rivian is also making strides in AI technology and self-driving capabilities, with a new voice assistant and custom chip in the works. UBS upgraded RIVN to “neutral” with a price target of $16.

Read more at Yahoo Finance: Rivian Automotive (RIVN) Climbs 26.6% on PT Hike