Mar 25, 11:54 AM

Tesla ($TSLA), Rivian ($RIVN), Nio ($NIO) Downgraded; PTs Set at $195, $12, $5.50

Several electric vehicle (EV) manufacturers, including Tesla ($TSLA), Rivian ($RIVN), and Nio ($NIO), have been downgraded by Mizuho due to slowing sales and near-term headwinds in the EV market. Mizuho has adjusted its price targets for Tesla to $195, Rivian to $12, and Nio to $5.50, marking a significant shift in the investment bank's outlook on these companies. The downgrades come amid concerns over slowing EV demand and pricing pressures, signaling potential challenges ahead for the once rapidly growing sector.

#Tesla #Rivian #Nio #Mizuho

Written with ChatGPT (GPT-4).

Sources

Streetinsider.com@Street_Insider
3 years ago
Tesla, other EV makers downgraded at Mizuho on slowing sales, near-term headwinds https://t.co/uPAidrBPV7 https://t.co/8wrq1uYGrs
MarketWatch@MarketWatch
3 years ago
Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures https://t.co/7E58eBqtGk
*Walter Bloomberg@DeItaone
3 years ago
$TSLA: Mizuho Downgrades to Neutral from Buy - PT $195 $RIVN: Mizuho Downgrades to Neutral from Buy - PT $12 $NIO: Mizuho Downgrades to Neutral from Buy - PT $5.50

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Image #1 for story tesla-tsla-rivian-rivn-nio-nio-downgraded-pts-set-195-12-5

Tesla ($TSLA), Rivian ($RIVN), Nio ($NIO) Downgraded; PTs Set at $195, $12, $5.50

Sources

Additional media

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