Sienna Acquires the "Stonesthrow Gold Project" Bordering Ramp Metals Inc in Saskatchewan
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BofA: EV wave still on horizon, but smaller than prior tsunami
June 22, 2024 5:00 AM EDTBank of America analysts predict a slower electric vehicle (EV) wave than previously anticipated in their latest note covering the sector. While EVs and hybrids will still account for roughly 60% of new car offerings by 2028, the bank notes that this is down from 64% last year.
BofA cites a... More
Barclays Cautious on Tesla (TSLA): 'likely to face continued negative revisions on 2024 and '25 estimates'
June 21, 2024 5:41 AM EDTBarclays analyst Dan Levy reiterated an Equalweight rating and $180.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Key takes: 1. Expect 2Q deliveries of ~415k units (-11% y/y), below cons. 444k, but possibly inline with more muted buyside expectations; 2. Notable 2Q weakness in... More
Tesla (TSLA) target cut at RBC Capital after revisiting robotaxi
June 20, 2024 9:39 AM EDTRBC Capital analysts lowered their price target for Tesla (NASDAQ: TSLA) to $227 per share, down from $293 in a note Thursday, maintaining an Outperform rating on the stock.
This revision comes after the firm revisited its assumptions for Tesla's robotaxi business.
"We lower our TSLA robotaxi value and now allocate a bigger revenue share to Service Providers like Uber/Lyft," states... More
Tesla (TSLA) PT Lowered to $227 at RBC Capital
June 20, 2024 7:24 AM EDTRBC Capital analyst Tom Narayan lowered the price target on Tesla (NASDAQ: TSLA) to $227.00 (from $293.00) while maintaining a Outperform rating.
The analyst comments "Consistent with the work done by RBCs Internet Team, we lower our TSLA robotaxi value and now allocate a... More
