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0.00210304942166155 0.00131440588853849 0.00210304942166155 -0.0107781282860146 -0.00683491062039953 -0.018769716088328 -0.0160357518401682 -0.012881177707676
Stock impact report

Rivian (RIVN) Faces Downgrade With $12 Target Intact at Morgan Stanley [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
On December 8, Morgan Stanley analyst Andrew Percoco downgraded Rivian Automotive, Inc. (NASDAQ:RIVN) to Underweight from Equal Weight while keeping the price target at $12. The change came after a shift in analyst coverage and as part of the firm's broader 2026 outlook for autos and shared mobility. Morgan Stanley said it is taking a more cautious stance heading into next year, expecting the electric vehicle “winter” to last through 2026. This softer view of EVs is partly balanced by a somewhat more upbeat outlook for internal combustion and hybrid vehicles. At its first “Autonomy and AI Day” on December 11, Rivian Automotive, Inc. (NASDAQ:RIVN) announced that it has built its own custom chip, a new car computer, and fresh AI models that will power self-driving features in its future vehicles. The company also shared plans for the Autonomy+ subscription for its second-generation vehicles, set to launch in early 2026. The service will run on Rivian's new Autonomy Processors and aut Show less Read more
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