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Rivian faces downgrades and demand concerns amid EV incentive cuts

Invezz Monday, 14 July 2025 ()
Rivian faces downgrades and demand concerns amid EV incentive cutsElectric vehicle (EV) manufacturer Rivian Automotive Inc. (NASDAQ: RIVN) has come under pressure from Wall Street, with Guggenheim downgrading the stock from “Buy” to “Neutral,” and removing its previous $16 price target. Analyst Ronald Jewsikow cited weaker long-term sales projections for Rivian’s upcoming R2 and R3 models, primarily due to softness in current R1 model […]
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