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- S&P 500, Nasdaq fall, dragged by Alphabet and megacap tech; focus on Iran
- Oil falls almost 4% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
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Wells Fargo on Tesla (TSLA), 'Adding TSLA to Q2 ’24 Tactical Ideas List'
April 1, 2024 5:43 AM EDTWells Fargo analyst Colin Langan reiterated an Underweight rating and $125.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "We have an Underweight rating on TSLA. We see moderating delivery growth driven by lower demand & diminished return on price cuts. We estimate auto gross margin ex credits fall by ~130bps y/y given... More
Despite poor sentiment, Morgan Stanley still sees Tesla (TSLA) stock price doubling
March 28, 2024 10:35 AM EDTDespite the pressure on Tesla (NASDAQ: TSLA) shares, Morgan Stanley analysts maintained an Overweight rating and a price target on the stock at $320 in a note this week.
The bank cut its first-quarter Tesla deliveries forecast to 425,000 vs. 469,400 previously.
"We... More
