U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.09%

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Barclays on Tesla (TSLA): 'Germany proposes company car EV subsidies through 2028, likely tailwind to Tesla but more beneficial to German OEMs'

September 5, 2024 4:11 PM EDT

Barclays analyst Dan Levy reiterated an Equalweight rating and $220.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Germany proposes company car EV subsidies through 2028, likely tailwind to Tesla but more beneficial to German OEMs. Under proposal, cos. could... More

Morgan Stanley Reiterates Overweight Rating on Tesla (TSLA), 'remains our 'top pick' in US autos'

September 5, 2024 10:20 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Tesla remains our 'top pick' in US autos as the company continues to take steps to mitigate downside risks to the core auto business ($59/share)... More

Citi on Verizon Communications (VZ) Bid for Frontier (FYBR): 'The deal has favorable industrial logic'

September 5, 2024 7:42 AM EDT

Citi analyst Michael Rollins reiterated a Buy rating and $47.00 price target on Verizon Communications (NYSE: VZ).

The analyst comments "Verizon announced the acquisition of Frontier (FYBR) for $38.50 per share in an all-cash deal. Run-rate cost synergies established at $500 million. Verizon reaffirmed 2024 guidance and... More

Dollar Tree (DLTR) PT Lowered to $64 at Citi

September 5, 2024 7:04 AM EDT

Citi analyst Paul Lejeuz lowered the price target on Dollar Tree (NASDAQ: DLTR) to $64.00 (from $120.00) while maintaining a Neutral rating.

The analyst comments "DLTR missed sales and EPS driven largely by a comp miss at the DT banner, driving a significant (20%)... More

Dollar Tree (DLTR) PT Lowered to $100 at Wells Fargo

September 5, 2024 5:38 AM EDT

Wells Fargo analyst Edward Kelly lowered the price target on Dollar Tree (NASDAQ: DLTR) to $100.00 (from $130.00) while maintaining a Overweight rating.

The analyst comments "Very Disappointed, but Stock Is Too Cheap: We are surprised to see DLTR's stock at the current... More

Dollar Tree (DLTR) PT Lowered to $70 at BofA Securities

September 5, 2024 5:34 AM EDT

BofA Securities analyst Robert Ohmes lowered the price target on Dollar Tree (NASDAQ: DLTR) to $70.00 (from $117.00) while maintaining a Underperform rating.

The analyst comments "We lower our F25/C24E EPS to $5.40 (was $6.65) to reflect the 2Q miss and a... More

Dollar Tree (DLTR) PT Lowered to $78 at Evercore ISI

September 5, 2024 5:20 AM EDT

Evercore ISI analyst Michael Montani lowered the price target on Dollar Tree (NASDAQ: DLTR) to $78.00 (from $128.00) while maintaining a In Line rating.

The analyst comments "What we liked: Positive traffic. Converted Dollar Tree store comps encouraging. Signs of shrink stability. Freight benefits. SNAP... More

BMO Capital Downgrades Dollar Tree (DLTR) to Market Perform

September 5, 2024 5:05 AM EDT

BMO Capital analyst Kelly Bania downgraded Dollar Tree (NASDAQ: DLTR) from Outperform to Market Perform with a price target of $68.00 (from $130.00).

The analyst comments "We are downgrading DLTR shares to Market Perform and cutting our TP to $68 as we no longer have... More