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Top Wall Street analyst calls on Tuesday

April 18, 2023
Source: cnbc.com cnbc.com
News Snapshot:
Here are the biggest calls on Wall Street on Tuesday: Morgan Stanley reiterates Rivian as overweight Morgan Stanley says it's standing by shares of the electric vehicle company, but that a strategy change might be in order. The firm lowered its price target to $24 per share from $26. "Following a 2022 plagued by ramp delays, macro headwinds, and an ensuing EV price war, investor sentiment around Rivian has been low through 1Q. However, with a myriad of bad news baked into the stock we still believe there can still be reason to be positive on Rivian." Bank of America...
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