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StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Tesla (TSLA) PT Lowered to $120 at Wells Fargo, 'we expect a Q1 miss'
April 12, 2024 6:15 AM EDTWells Fargo analyst Colin Langan lowered the price target on Tesla (NASDAQ: TSLA) to $120.00 (from $125.00) while maintaining a Underweight rating.
The analyst comments "While we expect a Q1 miss, expectations are low after weak deliveries. Poor fundamentals
may be overshadowed on the... More
Tesla (TSLA) PT Lowered to $180 at Citi, 'Updating Model Ahead of Q1; RoboTaxi Unveil Thoughts'
April 12, 2024 4:28 AM EDTCiti analyst Itay Michaeli lowered the price target on Tesla (NASDAQ: TSLA) to $180.00 (from $196.00) while maintaining a Neutral rating.
The analyst comments "Thoughts on Upcoming RoboTaxi Unveil First, we agree with Teslas emphasis on AV, which weve long viewed as the most disruptive mobility megatrend (here). For the Aug 8th unveil, we can see two scenarios: (1) An event that feels similar to the 2019 Autonomy Day, in which Tesla reveals a purpose-built RoboTaxi... More
Morgan Stanley's Adam Jonas: 'Tesla and Nvidia: The Journey to AI Supremacy' (TSLA) (NVDA)
April 11, 2024 8:08 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "In the journey to AI supremacy, there are a number of attributes and gating factors that investors are increasingly locked in on: 1. Data. Tesla recently achieved 1bn miles traveled for its full self-driving (FSD) service. Tesla's fleet drives more miles in 5 minutes than Apple's (now cancelled) autonomous fleet had reportedly driven in a year. By 2030, we estimate Tesla's global vehicle fleet will approach 40 million units in service, driving over 400 billion miles per year. Over 1... More
