Rivian Stock Faces 'Murky Macro Backdrop,' Tariff Concerns: Analysts Cautious Ahead Of R2 Launch
1. Rivian's Q1 report showed positive growth but delivery guidance lowered. 2. Bank of America rates Rivian as Underperform with a $10 price target. 3. Wedbush maintains Outperform rating but cut target from $20 to $18. 4. Needham reiterated a Buy rating, lowering target from $17 to $16. 5. Concerns include tariffs, EV demand, and upcoming R2 launch challenges.