Futures higher, FAA recommends more Boeing safety checks - what's moving markets

Redburn starts Tesla (TSLA) and Ford (F) at Sell

Redburn Atlantic has initiated coverage on Ford Motor (NYSE: F) and Tesla (NASDAQ: TSLA) with Sell ratings. For Ford, Redburn set a 12-month price target of $10.00, citing a review of the automaker's cost structure, which indicates minimal improvement until a more robust electric vehicle (EV) platform is developed.

We expect the group [Ford] to underperform its peers in this regard over the next two years, wrote Redburn analysts in a note.

It's worth noting that in Q4... More

Tesla (TSLA) plans affordable mass-market EV in mid-2025

Tesla (NASDAQ: TSLA) has informed its suppliers of plans to commence production of a new mass-market electric vehicle, codenamed "Redwood," by mid-2025, as reported by Reuters on Wednesday, citing four individuals familiar with the matter, with two sources describing the model as a compact crossover. Top of Form

Tesla CEO,... More

Netflix (NFLX) PT Raised to $610 at JPMorgan

JPMorgan analyst Doug Anmuth raised the price target on Netflix (NASDAQ: NFLX) to $610.00 (from $510.00) while maintaining a Overweight rating.

The analyst comments "We believe the combination of NFLXs strong 4Q performance & elevated profit profile, scale of 260M households yet w/considerable headroom, & critical step into more diversified content through the partnership w/WWE suggests that... More

Netflix (NFLX) PT Raised to $700 at Pivotal Research, 'This is What Winning Looks Like'

Pivotal Research analyst Jeffrey Wlodarczak raised the price target on Netflix (NASDAQ: NFLX) to $700.00 (from $600.00) while maintaining a Buy rating.

The analyst comments "NFLX reported a high quality 4Q across the board subscriber beat driven by core US and Euro markets despite material price hikes in key markets (U.S./U.K./France) implying the ability to generate strong subscriber growth AND take price/expand margins a powerful combo. 4Q revenue, EBITDA and free cash flow were all stronger than expected and NFLX guided to stronger than expected... More

Raymond James on Netflix (NFLX): 'expectations have risen to match execution, with shares remaining fairly valued'

Raymond James analyst Andrew Marok reiterated a Market Perform rating on Netflix (NASDAQ: NFLX)

The analyst comments "Netflix reported 4Q net adds figures well in excess of consensus expectations, driven by broadbased strength at the top of the user funnel combined with solid... More

Netflix (NFLX) PT Raised to $550 at Piper Sandler, 'Impressive Results Paired with WWE Partnership'

Piper Sandler analyst Thomas Champion raised the price target on Netflix (NASDAQ: NFLX) to $550.00 (from $475.00) while maintaining a Neutral rating.

The analyst comments "Once again, Netflix delivered a solid quarter, with nearly all metrics ahead of expectations. Q4 paid net adds (13.1 million)... More

JPMorgan First Response to Netflix (NFLX) Earnings: 'Solid numbers here'

JPMorgan First Response to Netflix (NASDAQ: NFLX) Earnings: 'Solid numbers here'

The analyst comments "NFLX (+6% post mkt): Solid numbers here with Q4 net adds a massive beat (all regions ahead) and the guidance at least in line with buyside across the board. The Q1... More

Guggenheim on Netflix (NFLX): 'agreement is value enhancing for both parties'

Guggenheim analyst Michael Morris reiterated a Buy rating and $500.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "Netflix is making its largest investment to date in live programming rights with a reported $5bn, 10-year agreement with TKO Group. The agreement most notably includes the domestic rights to flagship weekly... More

Tesla (TSLA) reclaims top spot as best-selling EV startup in China

Tesla (NASDAQ: TSLA) reclaimed its position as the best-selling EV maker in China with a 60% WoW increase in deliveries to 11.7k units, attributed to recent price cuts.

Li Auto (NASDAQ: LI) followed with 7.7k units, showing a 13% YoY... More

JPMorgan Desk Comments on Netflix (NFLX) : 'I’ve not had masses of directional feedback, but I think this should be taken positively'

JPMorgan Desk Comments on Netflix (NASDAQ: NFLX)

The analyst comments "In addition to TKO announcing that Dwayne The Rock Johnson is joining the board (yes, his stock options were struck prior to today!), Netflix and TKO are also announcing that beginning in January 2025, Netflix will be the exclusive new home of Raw in the US, Canada, UK and Latam, among other territories, with additional countries and regions to be added over time. From the Netflix 8-K: The agreement has an initial 10-year... More

Wells Fargo on Netflix (NFLX): 'The inevitable question is "when will NFLX get into live sports?", but we think that's still years away'

Wells Fargo analyst Steven Cahall reiterated an Overweight rating and $460.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "NFLX goes big in live. WWE and NFLX announced a long-term partnership for NFLX to be the exclusive home to Raw in UCAN, UK and LatAm from Jan'25. NFLX also looks be effectively taking over the role of WWE Network as the ex-US home for WWE shows + premium live events, incl. Smackdown, NXT, WrestleMania, Royal Rumble and SummerSlam. This marks a big move by NFLX into live entertainment, though not quite sports. Raw =... More

Evercore ISI sees a further 10% downside in Tesla (TSLA) stock

Evercore ISI expects Tesla (NASDAQ: TSLA) to report 4Q EPS of approximately $0.70, aligning with consensus estimates and buyside expectations. However, the company's gross margin is expected to be in line or slightly below consensus, standing at around 16.3%, compared to the consensus range of 16.5-17% excluding credits. This is attributed to discounts on existing U.S.... More

NVIDIA (NVDA) PT Raised to $700 at CFRA

CFRA analyst Angelo Zino raised the price target on NVIDIA (NASDAQ: NVDA) to $700.00 (from $600.00) while maintaining a Buy rating.

The analyst comments "
We raise our 12-month target price to $700 from $600, on P/E of 29x our CY 25 EPS view, above peers... More

AMD (AMD) cut at Northland as AI 'not as big as investors are thinking'

AMD (NASDAQ: AMD) was cut to Market Perform by Northland Capital on Monday, with the firm removing its price target for the stock, saying AI is not as big as investors are thinking.

"It's really big, just not as big as investors are... More

Morgan Stanley cuts price target on Tesla (TSLA) ahead of 4Q report

Morgan Stanley reiterated an Overweight rating on Top Pick Tesla (NASDAQ: TSLA) and cut their 12-month price target on the electric auto stock to $345.00 (From $380.00) ahead of the companys 4Q earnings report, expected to be released on January 24th.

Global EV momentum is stalling. The market is over-supplied vs. demand. Wrote Morgan... More

Northland Capital Markets Downgrades AMD (AMD) to Market Perform, 'AI is Big, Its Really Big, Just Not as Big as Investors are Thinking'

Northland Capital Markets analyst Gus Richard downgraded AMD (NASDAQ: AMD) from Outperform to Market Perform.

The analyst comments "AI chip growth in CY23 benefited from the ChatGPT moment, ASP increases, double ordering, and Chinese companies stockpiling. We forecast AI chip... More

Netflix (NFLX) PT Raised to $440 at MoffettNathanson, Raises Estimates Ahead of Earnings Tomorrow

MoffettNathanson analyst Michael Nathanson raised the price target on Netflix (NASDAQ: NFLX) to $440.00 (from $390.00) while maintaining a Neutral rating.

The analyst comments "For the fourth quarter, we are improving Netflix global net paid subscriber addition estimate by +2 million to 10 million (vs. 8 million... More

NVIDIA (NVDA) Mentioned Positively at Melius, 'stand-alone software revenue is at a $1B run rate right now but it could be at a $3B'

NVIDIA (NASDAQ: NVDA) Mentioned Positively at Melius.

The analyst comments "Nvidia launched DGX Cloud in 3/23 to give "every enterprise instant access to AI Supercomputer from a browser" on leading clouds for a cost of $36,999 per instance per month. Amgen, CCC Intelligent Solutions and... More

Tesla (TSLA) PT Lowered to $345 at Morgan Stanley, 'Global EV momentum is stalling'

Morgan Stanley analyst Adam Jonas lowered the price target on Tesla (NASDAQ: TSLA) to $345.00 (from $380.00) while maintaining a Equalweight rating.

The analyst comments "Global EV momentum is stalling. The market is over-supplied vs. demand. We anticipate Teslas 2024 outlook to be cautious on... More

Guggenheim Reviews Netflix (NFLX) Ahead of Earnings Tomorrow

Guggenheim analyst Michael Morris reiterated a Buy rating and $500.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "Netflix reports 4Q results AMC Tuesday, January 23. Broadly speaking, we feel that the analyst and investor narrative has seen a 180-degree turn from the cautious... More