Name: Rivian (RIVN) Shares Down Nearly 30% YTD
Uploaded: 2024-02-12T20:21:36.673
Duration: 3 min 51 s
Description: Barclays lowered Rivian’s (RIVN) price target to $16 from $25 and downgraded the stock to equal weight from overweight. The analyst notes that demand softness implies risk from pricing, slower volume growth, and a longer path to breakeven. Kevin Green discusses this. Tune in to find out more about the stock market today.

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Barclays lowered Rivian’s (RIVN) price target to $16 from $25 and downgraded the stock to equal weight from overweight. The analyst notes that demand softness implies risk from pricing, slower volume growth, and a longer path to breakeven. Kevin Green discusses this. Tune in to find out more about the stock market today.

Rivian (RIVN) Shares Down Nearly 30% YTD

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