EV maker Rivian falls after UBS cuts to 'sell'
ReutersJan 14, 2026 2:43 PM
EV maker Rivian Automotive's RIVN.O shares fall ~6% to $17.72
UBS downgrades to "sell" from "neutral"
Raises PT to $15 from $13, still a 20.4% downside to stock's last close
Brokerages sees limited further near-term catalysts, also noting "2026 delivery expectations that are too high"
Average rating of 29 analysts is "hold"; median PT is $16.05 - data compiled by LSEG
RIVN gained 48.2% in 2025
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