BYD profit drops 38% as China competition weighs on EV giant
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StreetInsider.com Top Tickers, 6/11/2026
- Wall St set to gain on tech rebound, Middle East in focus
- Oracle results beat estimates, but shares fall on plans for $40 billion raise
- Oil gains after Trump says US will hit Iran 'very hard tonight'
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- Needham Starts Hyliion Holdings (HYLN) at Buy
- Alibaba falls on China AI capex report; Citi says selloff is premature
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
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- Wall Street indexes fall more than 1%, hit by tech, Iran war worries
Tesla (TSLA) PT Lowered to $420 at Canaccord
March 30, 2026 4:20 PM EDTCanaccord analyst George Gianarikas lowered the price target on Tesla (NASDAQ: TSLA) to $420.00 (from $520.00) while maintaining a Buy rating.
The analyst comments "Sure, Teslas story has evolved. The headlines are focused on robo- this and tera- that but we maintain an unwavering belief in the inevitable transition to electric transport. The true mobility revolution isn't just about who drives - its about what powers the journey. It's electric (boogie-woogie-woogie). And, importantly, electric vehicle sales still very much matter to Teslas earnings; they accounted for the vast majority of 2025 company revenue. So, we,... More

