(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter.
Meanwhile, Goldman Sachs noted Tesla and Rivian need to be careful when cutting prices.
He increased his price target by $20 to $220, however, suggesting shares could shed 7.4% from Monday's close.
Baird's $1,050 price target suggests shares can still climb more than 23%.
His Tesla target of $220 implies upside of 17%, while his $13 forecast on Rivian points to a 19% gain from here.
Persons:
Baird, Goldman Sachs, Tesla, Williams, Anthony Chukumba, Chukumba, — Pia Singh, Ranjan Sharma, Sharma, Morgan Stanley downgrades Sunnova, Morgan Stanley, Andrew Percoco, Percoco, Tristan Gerra, Gerra, Goldman, Mark Delaney, Delaney, Fred Imbert
Organizations:
CNBC, Nvidia, JPMorgan, Free Fire, NOVA, Amazon, Meta, Google
Locations:
Williams, Sonoma, Monday's, Tuesday's premarket