Meanwhile, Li Auto (LI) will hold its earnings call on February 26th, with Fisker ( FSR ), Xpeng ( XPEV ), and Nio (NIO) expected to announce results soon. What to watch for: DEEP PRICE CUT: Deutsche Bank lowered the firm's price target on Rivian Automotive to $16 from $19, while keeping a Hold rating on the shares. The company recently expanded its R1T and R1S configuration options to allow the cheapest Standard battery pack selection and introduced a new pack called "Standard+," the firm tells investors in a research note.