Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the AI Stocks Making Waves on Wall Street. On January 2, Morgan Stanley analyst Andrew Percoco reiterated an Underweight rating on the stock with a $12.00 price target. The firm remains cautious on RIVN amid tech transition and policy shifts that are likely to challenge near-term demand. Morgan Stanley noted how Rivian has delivered 9,745 vehicles in 4Q25, which represents a 31% year-over-year decline. The figure is slightly above the firm’s estimate of 9,52 ...