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Stellantis Market Value Halves In 2024: Why CEO Tavares' Exit Could Take Things From Bad To Worse
Monday, December 2, 2024 - 2:11pm | 868Stellantis NV (NYSE:STLA)’s struggles in 2024 have been nothing short of profound. The company's stock has plummeted 47% year to date, nearly halving its market value amid a confluence of negative factors, now further compounded by the departure of the CEO Carlos Tavares. Tavares’...
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Goldman Sachs Cuts Ferrari As It Increases Capex To Race Ahead
Monday, June 14, 2021 - 11:58am | 269Ferrari NV (NYSE: RACE) will need to make higher capital expenditure earlier than expected for its transition to future technologies, according to Goldman Sachs. The Ferrari Analyst: George Galliers downgraded the rating for Ferrari from Buy to Sell, while reducing the price target from $227...
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These Analysts Love Tesla's Potential, But Balk At Its Valuation
Thursday, August 16, 2018 - 2:20pm | 474Tesla Inc (NASDAQ: TSLA) has been the talk of the town on Wall Street in recent weeks, and analysts are weighing in on Tesla and CEO Elon Musk’s controversial proposal to take the company private on a seemingly daily basis. Impressive Production Evercore ISI analyst George Galliers visited...
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Evercore Sees New Value In GM Cruise, Upgrades On SoftBank Investment
Thursday, May 31, 2018 - 10:57am | 309General Motors Company (NYSE: GM) was off to a good start Thursday, with a strong SoftBank investment bolstering the firm’s prospects in autonomous vehicles. A sell-side upgrade extended the stock’s rally. The Rating Evercore ISI analyst George Galliers upgraded GM from In Line...
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Tesla Downgraded As The Street Grows Cautious On Model 3
Friday, October 27, 2017 - 12:21pm | 389Analyst at Evercore ISI think the bullish case for owning Tesla Inc (NASDAQ: TSLA) has come to an end. The firm's George Galliers downgraded Tesla's stock rating from Outperform to In Line with a price target lowered from $330 to $312. Tesla's Model 3 sedan happens to be the company's most "...
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It's No Joke, Evercore Values Tesla Stock At $310
Friday, April 1, 2016 - 10:46am | 257Model 3 unveiled by Tesla Motors Inc (NASDAQ: TSLA) exceeded all expectations. Evercore ISI’s George Galliers maintained a Buy rating for the company, with a price target of $310, saying that Model 3 could be a Game Changer. The Game Changer Model 3 could “play a critical role...
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Multiple Auto Analysts: Ferrari's Stock Could See Downside, May Not Find Growth
Monday, November 16, 2015 - 11:17am | 603Shares of Ferrari NV (NYSE: RACE) were trading lower by 3 percent during Monday's session. Analysts at ISI Group and BNP Paribas both cautioned investors in separate notes on Monday. The analysts suggested that shares of Ferrari could see downside as the company's pricing power...
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ISI Group Sees Ford, GM Returning to Profit in 2015, Starts Ford at Strong Buy, GM at Hold
Monday, January 13, 2014 - 5:29pm | 234In a report published Monday, International Strategy & Investment (UK) Limited analyst George Galliers initiated coverage on Ford Motor Co. (NYSE: F) with a Strong Buy and General Motors Company (NYSE: GM) with a Hold. ISI initiates a $22.00 and $45.00 price target on Ford and General Motors,...