Home Depot, Snap and Nvidia rise premarket; Fisker drops sharply
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Canadian Solar (CSIQ) cut at JPMorgan until near-term visibility improves
November 15, 2023 8:29 AM ESTJPMorgan cut Canadian Solar (NASDAQ: CSIQ) to Underweight from Neutral in a note Wednesday, lowering the 12-month price target to $22 from $32 per share.
Analyst Mark Strouss told investors in a note that the firm decided to downgrade the stock until the near-term visibility... More
Goldman Sachs expects NVIDIA (NVDA) to report strong results and guidance
November 14, 2023 1:38 PM ESTAhead of NVIDIA's (NASDAQ: NVDA) third-quarter earnings release scheduled for November 21, Goldman Sachs analyst Toshiya Hari reiterated a Buy rating and $605 price target on the stock.
The analyst told investors they expect NVDA, which is one of the names on the investment bank's Americas... More
Fisker (FSR) falls after 3Q miss, filed to delay 10-q filing
November 14, 2023 10:47 AM ESTShares of Fisker Inc. (NYSE: FSR) are trading down nearly 20% Tuesday morning after the electric automaker reported a 3Q earnings miss and announced a cut in production guidance.
Barclays reiterated their Underweight rating on Fisker, and cut their 12-month price target to $4.00 (From $5.00) following the difficult 3Q print.
Fisker reported 3Q revenues of $72M, missing the consensus estimate of $143M by nearly half. EBIT of -$100M also missed the consensus estimate of -$68mn. However, EBIT results were more in-line with Barclays estimate of -$93mn. EPS was reported at ($0.27), $0.05 below the consensus... More
