Wolfe Research Downgrades Rivian: Why the Risk Is Rising
Wolfe Research cuts Rivian to Underperform with a $16 target, citing weaker fundamentals, higher losses, and growing downside risks.
Wolfe Research cuts Rivian to Underperform with a $16 target, citing weaker fundamentals, higher losses, and growing downside risks.
General Motors (GM) announces $6 billion in EV-related charges as demand weakens and Trump eliminates tax credits, joining Ford in massive electric vehicle pullback.
Piper Sandler upgraded Ford, GM, and Stellantis to Overweight, raising price targets and highlighting improved strategy, cash flow strength, and upside potential through 2026–2027.
UBS raises Gap stock rating to Buy with $41 price target, citing improved sales outlook, beauty and handbag expansion, and Athleta growth potential.
German consumer goods giant Henkel AG submits offer to acquire Olaplex Holdings, the haircare brand that lost over 90% of its value since 2021 IPO.
GameStop (GME) CEO Ryan Cohen's new compensation plan offers zero guaranteed pay—only massive stock options if the company hits ambitious market cap and EBITDA targets through 2026.