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Morgan Stanley Flags Rivian ‘Demand Air-Pocket’ in 2026
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Morgan Stanley Flags Rivian ‘Demand Air-Pocket’ in 2026
Morgan Stanley analyst Andrew Percoco maintained his Underweight rating and $12 price target on Rivian on Friday, warning that demand could weaken through most of 2026. “We maintain our cautious view on demand in 2026 following the expiration of the EV tax credit and the evolving tech hardware roadmap,” the analyst wrote in a new research note. Percoco added that the introduction of LiDAR later this year to allow the EV maker to reach advanced l…
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