Rivian (RIVN) Delivery Miss Affects Q1 Stock Rating from Baird

AI Summary

Baird has reiterated its rating on Rivian (RIVN) following the company's Q1 delivery figures, which fell short of expectations. The specific number of deliveries was not disclosed in the article. This reiteration implies that Baird maintains a cautious outlook on the stock despite the delivery miss. The potential market impact hinges on investor reactions to Rivian's performance and future delivery targets.