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Uber Vs. DoorDash? This Analyst Recommends A Bull/Bear Pair Trade: Which One Looks Headed Lower?
Monday, January 9, 2023 - 8:20pm | 670Uber Technologies, Inc (NYSE: UBER) and DoorDash Inc (NYSE: DASH) were trading more than 5% and 2% higher, respectively on Monday, in tandem with the general market, which saw the S&P 500 gain slightly. Piper Sandler analyst Alexander Potter upgraded Uber from Neutral to Overweight on...
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The Bull Case For Car-Sharing Platform Getaround: Why This Analyst Sees 194.2% Upside Potential
Thursday, December 29, 2022 - 5:19pm | 459It has been a tough year for ride-sharing stocks. Uber Technologies Inc (NYSE: UBER) is down 43.27% year to date, while LYFT Inc (NYSE: LYFT) is down 75.9% year-to-date against the benchmark S&P 500 (NYSE: SPY)'s 19.66% dropo. The situation is even worse for Getaround Inc (...
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Tesla 'Victim Of Its Own Success:' Analyst Flags 2 Reasons Behind Reported China Production Cut
Tuesday, December 6, 2022 - 7:00am | 440Tesla Inc. (NASDAQ: TSLA) shares plunged 6.37% on Monday after two separate reports suggested the electric vehicle maker reduced Made-In-China Model Y production by 20% in December. The company, however, denied the reports. The Tesla Analyst: Piper Sandler analyst Alexander Potter has an...
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Is Carvana Stock 'Grossly Undervalued'? Piper Sandler Still Sees 100% Upside After Slashing Price Target
Monday, September 12, 2022 - 1:53pm | 455Piper Sandler analysts see significant upside in Carvana Co (NYSE: CVNA) with the stock down more than 90% from its peak. What Happened: Piper Sandler analyst Alexander Potter upgraded Carvana from Neutral to Overweight on Sunday. Potter acknowledged that used...
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Why Tesla's Model Y Lead Times In Germany Have Spiked By Over 50%
Friday, June 3, 2022 - 9:09am | 318Tesla, Inc. (NASDAQ: TSLA) has been facing production disruption since the start of the year amid the Ukraine-Russia war and China's COVID-19 lockdowns. What Happened: Tuesday, Piper Sandler analyst Alexander Potter noted that German Model Y buyers now have to wait for 23.5 weeks, or...
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Tesla A 'Cornerstone Holding' — But Usually-Bullish Analyst Cuts Price Target Again Anyway
Wednesday, May 18, 2022 - 7:43am | 454Tesla, Inc. (NASDAQ: TSLA) shares have not been spared in the marketwide selloff seen so far this year. In a further blow, an analyst known for being bullish on the EV maker lowered his price target on its stock. The Tesla Analyst: Piper Sandler analyst Alexander...
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Here's How Much Tesla's Giga Shanghai Shutdown Will Impact The EV Maker
Tuesday, April 19, 2022 - 9:27am | 443Tesla Inc. (NASDAQ: TSLA) is reportedly restarting production at its Giga Shanghai factory, which was shuttered for a record duration amid the COVID resurgence in China. Against this backdrop, analysts and fund managers have begun reworking their Tesla models to include the potential impact....
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Why Tesla Analysts Are Shrugging Off Q1 Deliveries Miss, Remain Bullish On The EV Stock
Monday, April 4, 2022 - 2:49pm | 673Tesla, Inc. (NASDAQ: TSLA) reported first-quarter delivery numbers over the weekend that narrowly missed the consensus expectation. The Tesla Analyst: Piper Sandler analyst Alexander Potter maintained an Overweight rating on Tesla with a $1,350 price target. JPMorgan analyst Ryan Brinkman...
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Tesla Reports Q3 Deliveries This Week: What To Expect
Tuesday, September 28, 2021 - 11:20am | 741Tesla, Inc. (NASDAQ: TSLA) is scheduled to report its third-quarter delivery number later this week. Expectations are running higher after the electric vehicle giant reported record cumulative deliveries of over 386,000 vehicles in the first half of the year. Q3 Expectations For...
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Tesla Gets A Street High $1,200 Price Target: 'The Fireworks Aren't Over Yet'
Monday, February 1, 2021 - 2:40pm | 368Tesla Inc (NASDAQ: TSLA) got a massive price target boost from Piper Sandler, with the firm dissuading investors from selling the stock. The Tesla Analyst: Alexander Potter has an Overweight rating on Tesla shares and he upped the price target from $515 to a Street-high $1,200. The Tesla Thesis:...
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Piper Sandler Says Lyft's 'Positive Developments' Justify 30% Upside Potential
Monday, December 7, 2020 - 10:55am | 320Ride-hailing company Lyft Inc (NASDAQ: LYFT) faces several "positive developments" that warrant a shift to a bullish stance on the stock, according to Piper Sandler. The Lyft Analyst: Alexander Potter upgraded Lyft's stock from Neutral to Overweight with a price target lifted...
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Tesla's Market Cap Unlocks $3B In Potential Compensation For Musk
Wednesday, October 7, 2020 - 5:46pm | 558In 2018, Tesla shareholders approved a compensation package that could make CEO Elon Musk one of the wealthiest people in the world. What Happened: The 2018 compensation plan is broken down in 12 tranches that cover market cap, trailing 12-month revenue and adjusted EBITDA. On Tuesday, Tesla Inc (...
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4 Tesla Analysts On Battery Day, From Bull To Bear: 'An Inherently Risky Move'
Wednesday, September 23, 2020 - 4:00pm | 719Analysts are out with their reactions to Tesla Inc's (NASDAQ: TSLA)highly anticipated Battery Day. The Tesla Analysts: Piper Sandler analyst Alexander Potter has an Overweight rating on Tesla with a $515 price target. Needham analyst Rajvindra Gill has an Underperform rating. Credit...
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Why This Tesla Analyst Says Energy Will Become $200B Business For Automaker
Friday, September 18, 2020 - 1:25pm | 579Tesla Inc's (NASDAQ: TSLA) energy segment and CEO Elon Musk's 2018 compensation plan are two poorly understood facets of the electric vehicle manufacturer's business, according to Piper Sandler. The Tesla Analyst: Alexander Potter maintained an Overweight rating on...
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8 Lyft Analysts React To Q2 Earnings, California Risks
Thursday, August 13, 2020 - 5:02pm | 1186Ride-hailing company Lyft Inc (NASDAQ: LYFT) reported second-quarter results that immediately sent shares trading higher. But the stock reversed course and dipped into negative territory as the company acknowledged it may need to pause its operations in California. The Analysts CFRA analyst...