Rivian faces downgrades and demand concerns amid EV incentive cuts
Monday, 14 July 2025 () Electric 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 […]