Rivian Automotive Inc (NASDAQ: RIVN) has gained close to 25% over the past month but a Stifel analyst is convinced that’s just a drop in the bucket compared to where the stock is headed. Rivian stock could climb to further to $23 Stephen Gengaro assumed coverage of theelectric vehiclescompany this morning with a “buy” rating”. His $23 price objective suggests about a 21% upside from here.