Retail sales ahead, Tesla's legal fight over Musk pay deal - what's moving markets
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- S&P 500 falls as AI worries hit software makers
- Brent crude hits six-week high near $97 as Houthi strike targets Saudi Aramco
- Qualcomm stock surges 9.5% on Amazon AI deal & 25M share warrant
- Energy stocks rise premarket as oil prices climb on Middle East supply fears
- Novartis shares plunge 10% as failed drug trial clouds growth outlook
- Harry and Meghan surprised by King Charles' letter on their status
- Citi initiates UiPath coverage with Buy rating and $23 target
- S&P 500 falls as AI worries hit software makers
- WestPark Capital Starts Akebia Therapeutics (AKBA) at Buy
- After an 18% summer selloff in chip stocks, Citi asks what comes next
- After-Hours Movers: LULU, IOT, PATH, DOCU, ASAN, GWRE, ZS, PL, SWBI, OXM
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Tesla (TSLA) target cut at RBC Capital after revisiting robotaxi
June 20, 2024 9:39 AM EDTRBC Capital analysts lowered their price target for Tesla (NASDAQ: TSLA) to $227 per share, down from $293 in a note Thursday, maintaining an Outperform rating on the stock.
This revision comes after the firm revisited its assumptions for Tesla's robotaxi business.
"We lower our TSLA robotaxi value and now allocate a bigger revenue share to Service Providers like Uber/Lyft," states... More
Vague Apple (AAPL) Comments Circulate
June 20, 2024 9:32 AM EDTVague Apple (NASDAQ: AAPL) Comments Circulate
Channel-check firm claims Q2 2024 iPhone sales growth yoy "accelerated" in China compared to Q1 2024 yoy growth data.... MoreTesla (TSLA) PT Lowered to $227 at RBC Capital
June 20, 2024 7:24 AM EDTRBC Capital analyst Tom Narayan lowered the price target on Tesla (NASDAQ: TSLA) to $227.00 (from $293.00) while maintaining a Outperform rating.
The analyst comments "Consistent with the work done by RBCs Internet Team, we lower our TSLA robotaxi value and now allocate a... More
Micron Technology (MU) PT Raised to $185 at Fox Advisors
June 18, 2024 4:28 PM EDTFox Advisors analyst Steven Fox raised the price target on Micron Technology (NASDAQ: MU) to $185.00 while maintaining a Overweight rating.
The analyst comments "We raise our target on the shares of Micron (MU; $153.45; O/P) to $185 ahead of the companys FQ3 (May) results and... More
Tesla (TSLA) Master Plan 4 = Anything But Cars - Morgan Stanley
June 18, 2024 10:28 AM EDTMorgan Stanley analysts warn that investors should prepare for a shift in Tesla's (NASDAQ: TSLA) focus beyond just electric vehicles (EVs).
They believe the upcoming Master Plan 4 (MP4) will reveal a strategic pivot towards "Anything But Cars" (ABC).
"Elon Musk seems to have acknowledged that China may have 'won' the battle for affordable... More
Morgan Stanley Positive on Tesla (TSLA)
June 18, 2024 9:22 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Amid bearish institutional investor sentiment, we reiterate our OW rating on Tesla with a $310 price target. Our thesis on Tesla... More
