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Why Nio Has A Shot At Becoming The 'Tesla Of China'
Wednesday, August 12, 2020 - 11:57am | 598Chinese electric vehicle manufacturer Nio Inc – ADR (NYSE: NIO) reported Tuesday with forecast-beating second-quarter results and issued a strong third-quarter outlook. The Nio Analysts: Piper Sandler analyst Alexander Potter reiterated a Neutral rating on Nio and ...
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Piper Sandler More Than Doubles Tesla Price Target, Sees 'Most Consequential Company' In Mobility
Tuesday, July 14, 2020 - 10:29am | 372Tesla Inc (NASDAQ: TSLA) can generate operating margins in the mid-20s due to its full self-driving software, according to Piper Sandler. The Tesla Analyst: Alexander Potter maintained an Overweight rating for Tesla and raised the price target from $939 to $2,322. The Tesla Thesis: Tesla...
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Tesla Analysts Dissect 'Surprisingly Strong' Q1 Deliveries Data
Friday, April 3, 2020 - 11:00am | 588Tesla Inc (NASDAQ: TSLA) shares gained 13.5% on Friday morning after the company reported first-quarter vehicle delivery numbers that weren’t as bad as many investors had feared. Tesla delivered 88,400 vehicles in the first quarter of 2020, up 40.3% from a year ago and well ahead of consensus...
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Tesla Shares Cross $900 As Piper Sandler Raises Price Target To Street High
Wednesday, February 19, 2020 - 10:55am | 344Tesla Inc (NASDAQ: TSLA) stock will go higher because of the electric car maker's ability to provide customers with the ability to generate and store the power to run its vehicles, according to a Piper Sandler analyst. The Tesla Analyst Piper Sandler's Alexander Potter raised the price...
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Tesla Co-Founder JB Straubel Is The Latest Executive To Depart
Thursday, July 25, 2019 - 10:51am | 474The list of high-profile executive departures from Tesla Inc (NASDAQ: TSLA) grew even larger with perhaps the most notable name to date: co-founder and Chief Technology Officer J.B. Straubel. What Happened Straubel was part of Tesla's founding team, and as CTO he oversaw new...
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Piper Jaffray Downgrades Ford, Says Autonomous Efforts Won't Drive Fundamental Innovation
Tuesday, May 15, 2018 - 11:53am | 333Ford Motor Company (NYSE: F) lost an advocate Tuesday as a two-year bull confessed few upside catalysts. The Rating Piper Jaffray analysts Alexander Potter and Winnie Dong downgraded Ford to Neutral and decreased their price target from $14 to $12. The Thesis While Ford’s experience in...
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Tesla's Opportunity In China Could Double On Relaxed Regulations
Wednesday, September 27, 2017 - 1:42pm | 598Foreign automakers have long been disincentivized to sell in China, where imports see a 25-percent tax and locally produced cars must be sold through 50/50 joint ventures with domestic entities. But the Chinese government, prioritizing a shift from fossil-fuel to electric vehicles, is reportedly...
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Tesla's Irreplicable Panache Merits An Upgrade
Monday, April 10, 2017 - 9:17am | 448Citing hands-on experience driving a Tesla Inc (NASDAQ: TSLA) vehicle for seven months and the investor meetings conducted with the company, Piper Jaffray upgraded its shares to Overweight and lifted its price target. Captivating Experience Analyst Alexander Potter views Tesla as conjuring up...
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Meritor Shares Sink As Piper Jaffray Downgrades To Underweight
Tuesday, June 28, 2016 - 3:36pm | 125Meritor Inc (NYSE: MTOR) shares plunged more than 10 percent on Tuesday following a downgrade from Piper Jaffray analyst Alexander Potter. The analyst lowered his rating on shares from Neutral to Underweight and lowered the price target from $6.50 to $6. Potter cited "the potential for...
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Navistar Out Of The Woods, But A Struggling Macro Environment Isn't Helping
Tuesday, June 28, 2016 - 11:50am | 208Navistar International Corp(NYSE: NAV) is mostly out of the woods, but the macro environment won't cooperate. Piper Jaffray's Alexander Potter downgraded the company to Neutral and cut his price target from $14.00 to $11.50. Navistar has meandered through a tough period that would have driven many...
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Piper Jaffray On Autoliv: Waiting On The Sidelines
Friday, June 10, 2016 - 11:15am | 184Piper Jaffray's Alexander Potter initiated Autoliv Inc. (NYSE: ALV) at Neutral with a price target of $123.00. Autoliv "exhibits an above-average growth profile," said Potter. The analyst attributed the company's strength partly due to the trend toward self-driving vehicles, "which supports secular...
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Piper Jaffray Likes Ford's Big Balance Sheet, Starts At Overweight
Friday, June 10, 2016 - 9:36am | 427Piper Jaffray started Ford Motor Company (NYSE: F) with an Overweight rating and $17 price target on "fair outlook, big balance sheet and 4.5 percent dividend yield." "While the U.S. auto cycle is undeniably 'long in the tooth,' this doesn't necessarily imply an impending drop in vehicle sales....
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GM to Soar in 2012 on China Success?
Friday, December 30, 2011 - 4:02pm | 985GM vehicles are expected to fly out of Chinese showrooms in 2012. In America, General Motors (NYSE: GM) vehicles are already flying…right off the road! The Associated Press reports (via Jalopnik) that GM is recalling 4,296 Chevy Sonics because of the “possibility” that some are missing an inner or...