General Motors (GM) option IV into Tesla (TSLA) EV pricing headlines
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BofA cuts Tesla (TSLA) to $130 as demand concerns rise with competition
January 17, 2023 8:13 AM ESTBank of America reiterated a Neutral rating on Tesla (NASDAQ: TSLA) and cut their price target on the EV automaker to $130 (from $135) as the stock has s declined sharply since the end of 3Q22 amidst investor concerns on demand and increased competition in the market. These concerns have been further fed by price cut announcements across China, the US and Europe.... More
GM remains a top pick at Citi ahead of 4Q reporting
January 13, 2023 7:48 AM ESTGeneral Motors (NYSE: GM) remains a top pick at Citi Research ahead of 4Q reporting. Mobileye (NASDAQ: MBLY) remains Citis Top Supplier Pick, followed by Aptiv (NYSE: APTV). No changes were made to Citis prior stock setup views from earlier this week. However, refreshed 2023E supplier EPS estimates are 1-4%... More
