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These two Magnificent 7 stocks are hedge funds' favorites - report

April 26, 2024 6:41 AM EDT

Analysts at Jefferies highlighted two Magnificent 7 stocks that have become favorites of hedge funds.

According to Jefferies, hedge funds have leaned into communication services and tech stocks and increased their risk exposure to above-average levels.

The firm revealed that both Amazon (NASDAQ:... More

Tesla (TSLA) pivoting back towards cheap EV cars 'raises more questions' - Deutsche Bank

April 25, 2024 12:32 PM EDT

Deutsche Bank analysts said in a note Thursday that Tesla's (NASDAQ: TSLA) pragmatic approach to cheaper vehicles raises more questions. Investors reacted positively to the news that Tesla is not completely giving up on selling a cheaper consumer model.

The electric vehicle giant's shares rose more than 12% Wednesday following its results and the... More

Tesla (TSLA) PT Raised to $136 at Deutsche Bank

April 25, 2024 6:13 AM EDT

Deutsche Bank analyst Emmanuel Rosner raised the price target on Tesla (NASDAQ: TSLA) to $136.00 (from $123.00) while maintaining a Hold rating.

The analyst comments "The strong positive market reaction to Teslas mixed Q1 print, in our view represented some relief that Tesla is not completely giving up on selling... More