Trump Media stock keeps surging, Rivian gets price target lift
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Starting with Rivian, those shares riding higher as Wedbush raises its price target on the stock from $16 to $25 and maintains its outperform rating.
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The firm noting that 2026 represents a significant year for the company, Wedbush adding that the EV maker’s R2 fleet provides a significant opportunity to drive demand.
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Rivian is also expected to provide a low-cost SUV which Wedbush says has been lacking in the EV landscape.
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And switching lanes into housing, KB Home reporting fourth quarter earnings that missed estimates.
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The home builder also reporting a lower than expected backlog, the company CEO…
