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Goldman Sachs Downgrades Lordstown Motors, Says Auto Chip Shortage Could Hit Company Particularly Hard
Monday, September 27, 2021 - 2:17pm | 418Lordstown Motors Corp (NASDAQ: RIDE) traded higher Monday despite a stock downgrade by a major Wall Street firm. The Analyst: On Sunday, Goldman Sachs analyst Mark Delaney downgraded Lordstown from Neutral to Sell and reiterated a $5 price target. Related Link: BofA Bullish On EV Battery Value...
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Why Goldman Sachs Is Bullish On Tesla Ahead Of Q2 Earnings
Tuesday, July 20, 2021 - 4:41pm | 406Tesla, Inc. (NASDAQ: TSLA) shares have been locked in a lackluster phase in 2021. An upcoming catalyst that could meaningfully move the stock are the company's quarterly results, due July 26 after the close. The Tesla Analyst: Goldman Sachs analyst Mark Delaney has a...
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3 Reasons To Buy Lear According To Goldman Sachs
Thursday, June 24, 2021 - 11:20am | 255Lear Corporation (NYSE: LEA) has a growing e-systems opportunity and could see content gains in its seating segment, according to Goldman Sachs. The Lear Analyst: Mark Delaney upgraded the rating for Lear from Neutral to Buy, while raising its price target from $198 to $228. The Lear Thesis: The...
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Why Magna International Is Trading Higher Today
Thursday, June 24, 2021 - 10:08am | 251Magna International Inc (NYSE: MGA) is trading higher Thursday morning after Goldman Sachs upgraded the stock and raised the price target. What Happened: Goldman Sachs analyst Mark Delaney upgraded Magna International from Neutral to Buy and raised the price target from...
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Fisker, Lordstown Could Be EV Latecomers, Goldman Sachs Says In Downgrade
Thursday, April 22, 2021 - 12:26pm | 610A Goldman Sachs analyst turned bearish on one electric vehicle stock Thursday and dropped their bullish position on another. Here's what EV investors should know. The Fisker, Lordstown Analyst: Goldman Sachs analyst Mark Delaney downgraded shares of Fisker Inc. (NYSE: FSR) from...
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Why Goldman Sachs Is Bullish On Lordstown Motors
Friday, December 11, 2020 - 11:14am | 251Lordstown Motors Corp’s (NASDAQ: RIDE) takeover of a fully equipped factory from General Motors (NYSE: GM) gives the company internal manufacturing capabilities and lighter capital expenditure, according to Goldman Sachs. The Lordstown Motors Analyst: Mark Delaney initiated coverage of...
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Jim Cramer On Tesla Upgrade, Salesforce's Slack Acquisition
Thursday, December 3, 2020 - 10:21am | 397CNBC's Jim Cramer shared his first thoughts on the market Thursday, covering an upgrade on Tesla Inc (NASDAQ: TSLA) and the acquisition of Slack Technologies (NYSE: WORK) by Salesforce.com Inc (NYSE: CRM). Cramer on Tesla: Goldman Sachs upgraded shares of Tesla from Neutral to...
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Tesla Gets Goldman Sachs Upgrade With $780 Price Target
Wednesday, December 2, 2020 - 11:14pm | 514Goldman Sachs is turning bullish on Tesla Inc's (NASDAQ: TSLA) stock on increased electric vehicle adoption and battery prices falling quicker than expected. The Tesla Analyst: Goldman Sachs analyst Mark Delaney upgraded Tesla from Neutral to Buy and raised the price...
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What To Expect When Tesla's Q3 Report Drops Next Week
Thursday, October 15, 2020 - 2:14pm | 549Tesla Inc (NASDAQ: TSLA) is scheduled to release its fiscal-year 2020 third-quarter results Wednesday, Oct. 21 after the market close. Key Tesla Q3 Metrics: Analysts, on average, expect the electric vehicle manufacturer to report non-GAAP earnings per share of 56 cents, higher than the...
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Why Goldman Sachs Is Raising Tesla's Price Target
Wednesday, October 14, 2020 - 4:21pm | 276After record setting deliveries in the last quarter, all eyes are on the Tesla Inc (NASDAQ: TSLA) third-quarter earnings scheduled for Oct. 21. Goldman Sachs raised its price target for Tesla on Tuesday in anticipation of a strong third quarter for the automotive industry....
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5 Reasons Why Morgan Stanley And Goldman Sachs Downgraded Tesla
Friday, June 12, 2020 - 8:53am | 545Tesla Inc (NASDAQ: TSLA) shares broke an all-time high when they crossed $1,000 Wednesday. To some analysts, the bump was warranted. To others, it made little sense. The Tesla Downgrades: Morgan Stanley analysts led by Adam Jonas downgraded Tesla to Underweight and cut their price target from...
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Goldman Initiates Coverage On Auto Stocks, Says Industry 'Significantly Better Positioned' Than In 2008
Wednesday, April 15, 2020 - 10:30am | 638Goldman Sachs took a deep dive into the U.S. auto industry, initiating coverage on 10 auto manufacturers and suppliers Tuesday. The Auto Analyst Mark Delaney issued the following auto stock ratings: Tesla Inc (NASDAQ: TSLA) initiated at Buy with an $864 price target. Aptiv PLC (NYSE: APTV)...
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Tesla's Stock Keeps Rising After Goldman Sachs Gives Shares $864 Price Target
Tuesday, April 14, 2020 - 8:30pm | 333Tesla Inc (NASDAQ: TSLA) shares are on the rise again after Goldman Sachs resumed coverage of the electric automaker on Tuesday evening. The Tesla Thesis Goldman Sachs analyst Mark Delaney resumed coverage of Tesla's stock with a Buy rating and an $864 price target. "We are positive...
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Goldman Sachs Removes Flex From Conviction List
Friday, January 3, 2020 - 3:59pm | 351Goldman Sachs maintained its bullish stance on the tech manufacturer Flex this week, but removed the stock from its conviction list. The Analyst Mark Delaney maintained a Buy rating on Flex Ltd (NASDAQ: FLEX) and raised the price target from $13 to $14. The Thesis Goldman...
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Micron Analysts Stay Bullish Amid Cycle Turning, Demand-Supply Tightness
Thursday, December 19, 2019 - 12:16pm | 982Micron Technology, Inc. (NASDAQ: MU) reported fiscal first-quarter results that exceeded estimates and suggested the second quarter may mark a bottom in terms of its financial performance. The Analysts Goldman Sachs analyst Mark Delaney reiterated a Buy rating on Micron and raised the price target...