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Why 2 Ford Analysts Are Upping Their Price Targets For Automaker
Thursday, December 16, 2021 - 12:12pm | 423Ford Motor Company (NYSE: F) is among the very few legacy automakers that have positioned themselves for a seamless transition into electric vehicles. On Thursday, the shares of the automaker received price target boosts from two sell-side analysts. The Ford Analysts: Wells Fargo Securities...
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Teslamania Runs Wild! Now What?
Thursday, February 6, 2020 - 4:01pm | 1276Tesla Inc (NASDAQ: TSLA) has been running in insanity mode this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came just two days after the stock hit an all-time intra-day high of $961.86 and gained 19.9%, its single best day in more...
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Barclays Cuts Tesla Price Target To $150
Thursday, May 30, 2019 - 9:33am | 368Tesla Inc (NASDAQ: TSLA) shares are trading at their lowest levels since 2016, and one analyst said Thursday there may still be more downside ahead. The Analyst Barclays analyst Brian Johnson reiterated his Underweight rating and lowered his price target from $192 to $150. The Thesis Tesla remains...
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Adient Stock Remains 'Undeniably Cheap' Despite Recent Rally, Barclays Says In Upgrade
Tuesday, April 16, 2019 - 11:42am | 444Adient PLC (NYSE: ADNT) announced preliminary guidance Monday for the second quarter. Although the stock experienced a record rally in April, shares remain “undeniably cheap" given the automotive supplier's 2021 earnings power — and could appreciate significantly if...
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Tesla Analysts Weigh In On Huge Deliveries Miss
Thursday, April 4, 2019 - 11:13am | 798Tesla, Inc. (NASDAQ: TSLA) crashed more than 9 percent Thursday after the company reported first-quarter auto deliveries well below Wall Street expectations. Tesla reported 50,900 Model 3 deliveries in the first quarter, missing consensus analyst estimates of 52,450. Total deliveries of 63,000...
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Barclays Analyst Says Tesla Is No Apple
Tuesday, March 5, 2019 - 11:50am | 452Following the launch of the $35,000 Model 3, the Tesla Inc (NASDAQ: TSLA) bull thesis may have shifted, according to one Wall Street analyst. The Analyst Barclays analyst Brian Johnson reiterated his Underweight rating for Tesla and lowered his price target from $210 to $192. The Thesis Johnson...
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Barclays Downgrades Fiat Chrysler On Unexpected North American Weakness
Friday, February 8, 2019 - 11:47am | 404Fiat Chrysler Automobiles NV (NYSE: FCAU) exceeded expectations with its fourth-quarter sales and profits. But weakness in China and at home discouraged Street experts. The Analyst Barclays analyst Brian Johnson downgraded FCA from Overweight to Equal Weight and cut the price target...
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Tesla Meets Its Model 3 Production Goal, But Analysts Remain Largely Bearish
Wednesday, October 3, 2018 - 5:23pm | 920Tesla, Inc. (NASDAQ: TSLA), for the first time since Model 3 production began, has met its production goal. The automaker known for its autonomous technology and futuristic vision shared the good news Tuesday after a difficult stretch for the company, but it wasn't enough to move the stock out...
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The Street Weighs In On Musk's SEC Settlement As Tesla Shares Rip Higher
Monday, October 1, 2018 - 1:12pm | 680Tesla Inc (NASDAQ: TSLA) stock skyrocketed 16 percent Monday after the company announced a fraud settlement with the U.S. Securities and Exchange Commission. According to the terms of the settlement, Tesla is paying a $20 million fine to the SEC, and CEO Elon Musk is paying a personal $20 million...
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Musk Name-Drops Advisors, Tesla Forms Committee To Evaluate Potential Go-Private Deal
Tuesday, August 14, 2018 - 11:00am | 551Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk revealed Monday he is working with two major banks to take Tesla private, and Tesla announced it has created a formal committee to look into whether going private at $420 per share is in the best interest of Tesla stockholders. What Happened? Elon Musk...
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Barclays: Tesla Sell-Off Could Continue Into Earnings, But Watch For A 'Bear Trap' In Q2 Report
Friday, July 6, 2018 - 9:57am | 463Tesla Inc (NASDAQ: TSLA) stock was hammered this week after the company once again fell short of Wall Street expectations with its second-quarter delivery numbers. One Wall Street analyst said Friday that there’s still more downside risk for Tesla in the near term. The Analyst...
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A Look At September's Strong Auto Sales
Wednesday, October 4, 2017 - 2:45pm | 347Investors were treated with particularly strong auto sales data this week as September U.S. light vehicle SAAR (seasonally adjusted annualized rate) read 18.6 million, which was notably higher than the consensus estimate of 17.4 million. September's SAAR reading also happens to be the strongest...
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As Tesla Begins Delivery Of Its Model 3, Barclays Sees Downside To $165
Friday, July 28, 2017 - 10:32am | 473Tesla Inc (NASDAQ: TSLA) will be live-streaming its first ever deliveries of the new Model 3 sedans on Friday, but Barclays' Brian Johnson is taking the milestone to reiterate a $165 price target on the stock. At its core Tesla is very much a "successful luxury niche" automaker but at...
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Barclays Analyst Still Says Tesla Is Headed To $165, Investors Buying Too Much Hype
Thursday, April 6, 2017 - 2:44pm | 393Tesla Inc (NASDAQ: TSLA) shares have been on fire this week, pushing to new all-time highs above $300 for the first time ever. However, for Barclays analyst Brian Johnson, the positive momentum is just more reason to dump Tesla stock. On Thursday, Johnson issued a new note on Tesla reiterating...
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Is Hertz A Value Stock, Or A Value Trap?
Friday, February 24, 2017 - 4:35pm | 391Rental car company Hertz Global Holdings Inc (NYSE: HTZ)'s stock has seen significant underperformance at a time when the market continues to make all-time highs. Recent Stock Performance In the past six months, shares were down around 60 percent while the S&P gained 9 percent. While current...