Tesla, Credit Suisse Fall Premarket; Wells Fargo, Viasat, Box Rise

UBS Reiterates Buy Following Tesla (TSLA) 3Q Deliveries and AI Day

UBS reiterated a Buy rating and $367.00 price target on Tesla (NASDAQ: TSLA) following the companys 3Q delivery report. The electric vehicle company delivered 343,830 vehicles in the 3Q, a miss compated to the consensus estimate of 364k. However, production was in line with estimates at 365,923 units produced.

Tesla said in the release that as our production volumes continue to grow, it is becoming increasingly challenging to secure vehicle transportation capacity and at a reasonable cost during these peak logistics weeks. In Q3, we began... More

Morgan Stanley Remains Bullish Following Tesla (TSLA) 3Q Delivery Miss

Morgan Stanley reiterated an Overweight rating and $383.00 price target on Tesla (NASDAQ: TSLA) following the companys 3Q delivery report. The electric vehicle makers 3Q delivery volume missed consensus estimates by 5% and Morgan Stanley estimates by 10%. Management cited logistics bottlenecks as the reason for the... More

BofA Sees Future of Work Opportunity - Outlines 5 Favorable Software Stocks

BofA analyst Josh Baer said on Monday that the firm favors software stocks Microsoft (NASDAQ: MSFT), Atlassian (NASDAQ: TEAM), Zoom (NASDAQ: ZM), Smartsheet (NYSE: SMAR) and Box (NYSE: BOX).

In a note to clients focused on software stocks and the future of work, Baer told investors to "focus on the Future of Work given ~$90B increase... More

ViaSat (VSAT) Deal to Sell Link 16 Tactical Data Links Business a 'Clear Net Positive' - Morgan Stanley

Morgan Stanley analyst Landon Park reiterated an Equalweight rating and $34.00 price target on ViaSat (NASDAQ: VSAT) after the company agreed to sell 16 Tactical Data Links business to L3Harris for $1.958bn with expected net proceeds of $1.8bn. The analyst notes the trailing deal
multiple... More

Buy Tesla (TSLA) on Weakness Given Market Share Gains - Chowdhry

Global Equities Research analyst Trip Chowdhry reiterated an Overweight rating and $760.00 price target on Tesla (NASDAQ: TSLA), telling clients to buy on weakness as they see market share gains. The analyst highlighted:

1. Our research indicated that TSLA had increased the number of shipping... More

Truist Raises Price Target Following Tesla (TSLA) AI Day

Truist Securities reiterated a Buy rating on electric vehicle maker, Tesla (NASDAQ: TSLA) and raised the price target to $348.00 (From $333.33) following the companys AI day on Friday. During the event, Tesla provided updates to their Full Self-driving program (FSD), Dojo, and their progress with the humanoid AI robot, Optimus.

Tesla announced the Optimus at last years AI day with a person wearing a robot costume. This year, company brought a real robot. While a live demo was limited to showing the robot walking, waving, and dancing, a video demonstration showed... More