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Rivian Automotive Inc (NASDAQ:RIVN) has all the makings of a long-term winner in the EV space, but one analyst sees broader EV market weakness weighing on the company in the short term. What Happened: Barclays analyst Dan Levy downgraded Rivian from an Overweight rating to an Equal-Weight rating and lowered the price target from $25 to $16, citing broader EV market trends. “It appears that even great product and tech is not enough to avoid the EV winter,” Levy said in a note to clients. Rivian continues to battle supply constraints. Volumes are largely dependent on production levels, Levy said…

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