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flag Investment firm buys Rivian stock despite mixed earnings and analysts' predicted annual loss.

flag Investment firm Pilgrim Partners Asia Pte Ltd has bought 8,800 shares of Rivian Automotive, totaling $117,000, in the fourth quarter. flag Despite a slight miss on earnings per share, Rivian surpassed revenue expectations with $1.73 billion. flag However, analysts predict a loss for the year ahead. flag The stock has received mixed reviews from analysts, with a current consensus of "Hold" and a target price of $14.38.

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