Apple and Tesla are splitting their shares, but does it matter?
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Tesla (TSLA) Equity Deal Is 'Smart Strategic Move' - Wedbush
September 1, 2020 8:40 AM EDTWedbush analyst Daniel Ives says Tesla (NASDAQ: TSLA) equity deal is a smart strategic move and further comments "We believe this capital raise is a clear positive and further solidifies our bull case price target scenario of $700 ($3,500 pre split) with our base target $380. We maintain our NEUTRAL rating."
... MoreTesla (TSLA) PT Raised to $290 at RBC Capital Following Stock Split
August 31, 2020 10:24 PM EDTRBC Capital analyst Joseph Spak raised the price target on Tesla (NASDAQ: TSLA) to $290.00 (from $190.00) while maintaining a Underperform rating.
The analyst comments "When we look at Tesla in our simple two-stage model to try to understand embedded expectations (using a 7% discount rate, 4%... More
Piper on China EVs: 'China Picture Book Reveals Rising EV Penetration, and this Time it's Sustainable' (TSLA)
August 31, 2020 8:32 AM EDTAnalyst Alexander Potter comments "See pages 2-30 for this month's edition of the China Picture Book. The charts reveal some notable trends in the electric vehicle (EV) space, where Tesla and a few others are pushing penetration higher. Unlike in the past, we think this latest increase in EV... More
Apple (AAPL) PT Lowered to $150 at Wedbush Following Stock Split, Adjusted Bull Case to $175
August 31, 2020 7:03 AM EDTWedbush analyst Daniel Ives lowered the price target on Apple (NASDAQ: AAPL) to $150.00 (from $600.00) while maintaining a Outperform rating.
The analyst adjusts the PT following the recent stock split. New adjusted Bull case is $175.00.
... More