🟢 Rivian Automotive is trading 4.36% up in pre-market after UBS upgraded shares to Buy

Rivian Automotive is trading at $12.69 (+4.36%) in pre-market after UBS upgraded the stock to Buy from Neutral.

• UBS kept its $17 price target, citing R2 demand, improving margin prospects and recent share-price weakness.
• The upgrade followed third-quarter results and raised 2026 delivery guidance; the company reported revenue growth and higher deliveries.
• Broader markets were also higher pre-market, providing a supportive backdrop.