Defensives in the driving seat as European shares shake off tech tremors
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March 28, 2018 9:27 AM EDT
Tesla (NASDAQ: TSLA) sinks 5.3% in pre-open trade amid the debt downgrade and cautious analyst comments. Shares fell 8.2% yesterday amid regulatory concerns about its autopilot feature.
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March 28, 2018 9:20 AM EDT
Oppenheimer analyst Colin Rusch said the recent deluge of bad news highlights Tesla Motors (NASDAQ: TSLA) risks.
Rusch commented, "TSLA shares continue to suffer through a series of bad news, with Moodys downgrading its recent high-yield offering... More
March 28, 2018 6:59 AM EDT
Cowen analyst Jeffrey Osborne reiterated an Underperform rating and $200 price target on Tesla Motors (NASDAQ: TSLA) after previewing Q1.
Osborne expects continued challenges for the Model 3 in the 1Q18 delivery report next week, and are leaving their Model 3 delivery figure unchanged at 7,500 and are lowering our Model S/X delivery figures to 22,500.
The analyst see the slow ramp and cash burn putting pressure on the stock... More
March 28, 2018 6:14 AM EDT
JPMorgan maintained its price target on Twitter, Inc. (NYSE: TWTR) at $36.00 while maintaining a Overweight rating, following an update to the company's outlook regard the data licensing business.
Analyst Doug Anmuth affirms his outlook on the shares, suggesting recent concerns are overdone, as... More
