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Buying This Tesla Call Option On Tuesday Would Have More Than Doubled Your Money
Friday, November 25, 2022 - 9:06am | 500Tesla Inc (NASDAQ: TSLA) shares closed 7.82% higher on Wednesday after Citi analyst Itay Michaeli upgraded the stock to ‘Neutral’ from ‘Sell’ with a price target of $176, up from $141.33. However, prior to the news, the stock was languishing below the $170 mark. What...
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Why Ford Analysts See Reorganization As 'Dawn Of New Era,' Expect Other Automakers To Follow Suit
Thursday, March 3, 2022 - 5:18pm | 690Ford Motor Company (NYSE: F) announced a reorganization plan Wednesday to separate its internal combustion engine and electric vehicle businesses. The Ford Analysts: Credit Suisse analyst Dan Levy has an Outperform rating and $25 price target on Ford shares. Morgan Stanley analyst Adam Jonas...
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Uber, Lyft Stocks Struggle In Debut Year: What's In Store For 2020?
Friday, December 20, 2019 - 5:31pm | 520Uber Technologies Inc (NYSE: UBER) shares are down about 28% since the ride-hailing service's IPO, and Lyft Inc (NASDAQ: LYFT) shares are down about 39%. What's In Store For Uber In 2020? Multiple analysts are maintaining bullish ratings on Uber despite the stock's...
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Citigroup Upgrades Uber On Higher Revenue Projections
Monday, October 7, 2019 - 11:44am | 303Citigroup upgraded Uber Technologies Inc (NYSE: UBER) Monday, citing the potential for the stock to rise on better third quarter earnings. The Analyst Itay Michaeli upgraded Uber from Neutral to Buy and maintained a $45 price target. The Thesis Second-half revenue for the ridesharing pioneer is...
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Citi: GM Truck Story Strong And Underappreciated
Friday, August 2, 2019 - 1:29pm | 299General Motors Company (NYSE: GM) turned in mixed results in the second quarter, and investors were lukewarm on the automaker, but one sell-side analyst said Friday GM’s pickup truck story is unique and set for more success - but isn’t well understood. The Analyst Citi Research analyst...
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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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Citi Downgrades Tesla To Sell, Faces 'Risk Of A Spiral'
Friday, September 28, 2018 - 8:16am | 383The bearish case for Tesla Inc (NASDAQ: TSLA) is now appropriate in reaction to the SEC's action against CEO Elon Musk, according to Citi. The Analyst Citi's Itay Michaeli downgraded Tesla from Neutral to Sell with a price target lowered from $356 to $225. The Thesis The SEC's complaint...
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Citi Grows Cautious On Tesla Ahead Of Q1 Update
Tuesday, March 27, 2018 - 11:14am | 295Tesla Inc (NASDAQ: TSLA) will soon release its first-quarter production numbers, and analyst expectations span the bull-to-bear spectrum. Here is one less-than-optimistic perspective. The Rating Citigroup analyst Itay Michaeli maintained a Neutral/High Risk rating on the stock without a price...
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The Tesla Semi: Citigroup's First Impression
Monday, November 20, 2017 - 5:05pm | 404Tesla Inc (NASDAQ: TSLA) revealed its semi-truck Thursday, and while parts of the big rig remain in shadow, its capacity for disruption is clear. Wall Street sees few positives for truck manufacturing rivals. The Rating Citigroup reiterated a Hold rating last week with with a $367 price target...
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An Unlikely Growth Stock: Analyst Thinks GM Could Hit $134 In The Future
Friday, October 6, 2017 - 10:00am | 300Taking a holistic second look at General Motors Company (NYSE: GM), Citigroup said the company could unlock substantially more value, including possibly paving a path toward its prior long-term, high-end upside potential case of $134. As such, Citi has a Buy rating and a 12-month price target of...
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Is GM Finally Getting The Props It Deserves?
Monday, October 2, 2017 - 3:17pm | 421It’s like that movie scene when the alpha rolls up in his polished Corvette, revs his engine with a wink and the ladies swoon. Except in this scenario, ruggedly handsome General Motors Company (NYSE: GM) is winning the Street without even touching the gas. Ahead of a Monday announcement...
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General Motors Isn't A 'Car' Stock
Friday, July 22, 2016 - 9:00am | 377Citi’s Itay Michaeli believes consensus expectations for General Motors Company (NYSE: GM) are missing several industry- and company-specific drivers, such as the product cycle, pickup trucks, restructuring, OnStar, cost flexibility and more. Michaeli reiterated a Buy rating on the company,...
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Watch Mobileye Shares Following Nissan Unveiling
Thursday, July 14, 2016 - 8:17am | 313Nissan Motor Co Ltd (OTCMKTS: NSANY) has recently unveiled its new ProPILOT semi-autonomous highway driving feature for the new Serena minivan, which uses Mobileye NV (NYSE: MBLY) technology. Citi’s Itay Michaeli maintained a Buy rating on Mobileye, with a price target of $66. The analyst...
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Citigroup Sums Up In 2 Words Why GM's EPS Won't Collapse: Pickup Trucks
Thursday, June 9, 2016 - 11:27am | 303Citi’s Itay Michaeli mentioned that the final May data points “confirm a strong month all-around for pickup trucks—including May used pickup pricing.” Michaeli maintains a Buy rating on General Motors Company (NYSE: GM), with a price target of $50. May Data Points Similar to...
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Have We Reached Peak Auto? Not Even Close
Monday, May 16, 2016 - 9:29am | 352The next wave of Auto-Tech investing is unlikely to be confined to auto suppliers, and should rather expand to certain automakers, Citi’s Itay Michaeli mentioned. While bears believe that Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) have “squeezed every dollar...