“Rivian Stock Has 98% Upside, According to 1 Wall Street Analyst”

“…Inflation or no inflation, and rate cuts or no interest rate cuts … Rivian’s stock price will more than double, and hit $21 a share within a year, according to BofA analysts…

…Rivian stock closed just shy of $11 a share Tuesday before the price target announcement, so a move to $21 per share would translate to a 98% return over the next year or so for new investors. That’s pretty exciting news for investors if BofA analyst John Murphy is right. But is he right?…”

https://finance.yahoo.com/news/rivian-stock-98-upside-according-175807778.html

I highly disagree with this stock prediction. The EV market is plummeting. No shot this stock doubles in a year.