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Analysts React To SEC Action Against Elon Musk
Tuesday, February 26, 2019 - 12:54pm | 968Tesla, Inc. (NASDAQ: TSLA) stock traded lower Tuesday morning after the U.S. Securities and Exchange Commission filed a motion on Monday calling for a judge to hold Tesla CEO Elon Musk in contempt of court after Musk allegedly failed to adhere to the terms of a 2018 fraud settlement with the SEC....
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Canaccord Downgrades iRobot After Rally, Says Robot Lawnmower, Tariffs Are Risks
Tuesday, February 19, 2019 - 1:11pm | 427Roomba maker iRobot Corporation (NASDAQ: IRBT) stock was downgraded by Cannacord Genuity following a run-up in price that may have the stock overvalued amid concerns about tariffs and the marketing of a new robotic lawn mower. The Analyst Cannacord Genuity’s Jed Dorsheimer downgraded iRobot...
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Tesla's Stock Receives 'Buy' Upgrade On European Opportunity, EV Penetration
Monday, February 11, 2019 - 10:36am | 594It’s been a good week for Tesla Inc (NASDAQ: TSLA). Following a stake increase by Baillie Gifford, Autopilot approval in Europe, and a well-received cut to Model 3 pricing, Tesla's stock earned an upgrade. The Rating Canaccord Genuity analyst Jed Dorsheimer upgraded the stock to Buy and...
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Canaccord Cuts Tesla Price Target, Suggests New Company Leadership
Tuesday, August 28, 2018 - 1:47pm | 364Now that the deal to take Tesla, Inc. (NASDAQ: TSLA) private is officially off the table, the focus for Tesla investors is back on the company’s Model 3 production, its goal of profitability in the third quarter and its precarious financial situation. One analyst says the “funding...
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Canaccord Initiates Tesla Coverage With Hold Rating, Considers Products 'Superior'
Friday, August 3, 2018 - 12:26pm | 303Tesla Inc (NASDAQ: TSLA) shares traded up about 15 percent after the firm reported second-quarter earnings, and one analyst sees room for continued upside. The Rating Canaccord Genuity analyst Jed Dorsheimer initiated coverage on Tesla with a Hold rating and a $336 price target. The Thesis...
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4 Energy Stocks Canaccord Loves
Thursday, May 12, 2016 - 2:15pm | 369To say that the energy sector has made for some tricky trading in the past couple of years would be quite an understatement, but Canaccord analysts have found four energy stocks that they love: Earthstone Energy Inc (NYSE: ESTE), Abraxas Petroleum Corp. (NASDAQ: AXAS), Canadian Solar Inc. (NASDAQ:...
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Cree Getting Mixed Reviews On Wall Street
Wednesday, October 21, 2015 - 11:20am | 422Cree, Inc. (NASDAQ: CREE) reported in-line earnings and a revenue beat in its most recent quarter. Negative reaction to earnings is likely due to the company’s relatively weak guidance. Wall Street is mixed when it comes to the future for Cree. Wall Street appears to have a mixed view of...
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Is A YieldCo Enough For Canadian Solar Investors?
Thursday, August 20, 2015 - 7:50am | 370Canaccord analysts Jed Dorsheimer and Jason Rosenfeld on Tuesday reiterated a Buy rating, while trimming their price target for shares of Canadian Solar Inc. (NASDAQ: CSIQ) from $45.00 to $40.00. The firm continues to believe that the company’s module business will witness “a...
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Canaccord: Canadian Solar Remains One Of The Top Players In The Solar Market
Tuesday, April 7, 2015 - 1:05pm | 188Canaccord Genuity issued a report on Canadian Solar Inc. (NASDAQ: CSIQ) after industry YieldCo announcements and new European regulation developments and investigations. Canaccord rates Canadian Solar as a Buy and lowered its price target from $46 to $45. Analysts Jed Dorsheimer and Jason Rosenfeld...