The Latest Breaking News from Chris Pierce

Rivian's Q2 deliveries boost analyst confidence; stock price targets raised

Rivian Receives Price Target Bump, XPeng Partners with Volkswagen in Chinese EV Market

Sell-side analysts think Rivian Automotive, Inc is positioning itself as a formidable competitor to market leader Tesla, Inc.

The Cardinals added five players and trimmed the roster by two to fill the 91-man roster.

We take a look at former undrafted TE Chris Pierce and his chances for making the final roster with the Cardinals entering training camp.

The Cardinals must trim five players from their roster by Tuesday afternoon, Here are some of the players on the chopping block.

Analysts lauded CarMax Inc's (NYSE:KMX) Q1 beat while also pointing out the macro concerns. RBC Capital analyst Steven Shemesh maintained CarMax with an Outperform and raised the price target from $104 to $108 in a note titled, "F1Q'23 Follow-Up – Navigating Volatility Well." KMX's results were broadly in line with expectations, Shemesh noted.  He expected the inflationary…

Needham analyst Chris Pierce anticipated CarGurus, Inc (NASDAQ: CARG) leveraging its industry-leading traffic metrics over the long term to create a compelling end-to-end digital solution for independent brick and mortar car dealerships. 

Needham analyst Chris Pierce reiterated a Buy rating and $40 (53.4% upside) target post-CarGurus, Inc's (NASDAQ:CARG) Investor Day and added it to the Needham Conviction List (replacing ACV Auctions Inc (NASDAQ: ACVA)).  Pierce cited increased confidence in the growth of the dealer-facing subscription business and multiple tailwinds supporting share gains in wholesale.  He saw better monetization of…