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TSLA

Tesla

$363.53

-1.69 (-0.46%)

06:08
08/10/17
08/10
06:08
08/10/17
06:08

Tesla develops autonomous semi-truck, wants to test in Nevada, Reuters says

Tesla is nearing a test of a self-driving long-haul electric semi-truck prototype that can move in "platoons" by following a lead vehicle, Reuters reports, citing an email discussion between the automaker and the Nevada Department of Motor Vehicles. Tesla, which is also meeting with the California DMV to discuss autonomous trucking, expects to unveil the truck in September. Reference Link

  • 02

    Oct

TSLA Tesla
$363.53

-1.69 (-0.46%)

08/08/17
08/08/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Tesla (TSLA) upgraded to Buy from Hold at Argus with analyst William Selesky saying he expects Tesla to reach breakeven two quarters earlier than he'd previously forecast and sees the company achieving full-year profitability in fiscal 2019. 2. L3 Technologies (LLL) upgraded to Buy from Hold at Drexel Hamilton analyst Pete Skibitski saying he is "cautiously" optimistic that there will be a positive resolution in fiscal 2018 budget negotiations, which will benefit the entire space, and notes L3's international outlook has improved as the year has progressed. 3. Foot Locker (FL) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Jay Sole saying he believes share weakness related to investor concerns surrounding share loss to Amazon (AMZN) and brands' own websites has created an "excellent" buying opportunity. 4. UPS (UPS) upgraded to Buy from Neutral at Citi with analyst Christian Wetherbee saying he sees a "clear path" toward double-digit earnings growth returning in 2018. 5. Cognizant (CTSH) upgraded to Buy from Hold at Berenberg with analyst Georgios Kertsos saying the market now considers U.S. immigration policy changes as unlikely, which leaves upside for investors. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
08/08/17
ARGS
08/08/17
UPGRADE
Target $444
ARGS
Buy
Tesla upgraded to Buy on strong Model 3 orders at Argus
As previously reported, Argus analyst William Selesky upgraded Tesla to Buy from Hold and set a $444 price target on the shares. He noted that Tesla has been getting 1,800 Model 3 orders per day without any advertising or marketing so far. While he notes the ramp-up of the mass market vehicle will lead to increased labor and overhead costs he expect those to diminish over the course of next year. Selesky now expects Tesla to reach breakeven two quarters earlier than he'd previously forecast and sees the company achieving full-year profitability in FY19.
08/08/17
ARGS
08/08/17
UPGRADE
Target $444
ARGS
Buy
Tesla upgraded to Buy from Hold at Argus
08/03/17
BOFA
08/03/17
NO CHANGE
Target $155
BOFA
Underperform
Tesla price target lowered to $155 from $165 at BofA/Merrill
BofA/Merrill analyst John Murphy said Tesla's Q2 results were a bit noisy, but generally above expectations. He said Model 3 ramp volume still remains unclear and expects it to take some time before it reaches any material scale, which could lead to production costs outweighing potential benefits of higher volume operating leverage for an extended time. The analyst expects Tesla will need to raise capital by year-end and believes investor patience will wear thin as further capital raises are net met with improving earnings, cash flow, or returns. Murphy lowered Tesla's price target to $155 from $165 on slightly lower forward estimates and maintains an Underperform rating.

TODAY'S FREE FLY STORIES

BASFY

BASF

$27.39

-0.13 (-0.47%)

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  • 24

    Nov

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RBS

RBS

$7.30

-0.04 (-0.54%)

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  • 24

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DE

Deere

$145.25

6.02 (4.32%)

09:53
11/23/17
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09:53
Upgrade
Deutsche Bank gets off sidelines, upgrades Deere shares to Buy »

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  • 28

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FX Action: The USD index (DXY) logged a one-month low »

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TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:08
11/23/17
11/23
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08:08
Hot Stocks
Tesla CEO highlights 'record time' on Australian ion battery »

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  • 16

    Jan

TSLA

Tesla

$312.60

-5.21 (-1.64%)

08:07
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Hot Stocks
Tesla completes construction on largest lithium ion battery in Australia »

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  • 16

    Jan

GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

, INVA

Innoviva

$13.42

0.01 (0.07%)

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GSK, Innoviva submit data to FDA for expanded Trelegy Ellipta label »

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GSK

GlaxoSmithKline

$35.06

0.25 (0.72%)

INVA

Innoviva

$13.42

0.01 (0.07%)

03/08/13
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SVM

Silvercorp Metals

$2.51

-0.07 (-2.71%)

07:52
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Silvercorp Metals to buy back up to 5% of shares »

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CEL

Cellcom Israel

$10.00

-0.1 (-0.99%)

07:49
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Cellcom Israel now second layer company according to Concentration Law »

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GASS

StealthGas

$4.07

0.36 (9.70%)

07:06
11/23/17
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CPRT

Copart

$41.01

4.31 (11.74%)

07:02
11/23/17
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Recommendations
Copart analyst commentary at Jefferies »

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  • 19

    Dec

DE

Deere

$145.25

6.02 (4.32%)

06:56
11/23/17
11/23
06:56
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06:56
Upgrade
Deere rating change at Deutsche Bank »

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  • 28

    Nov

DE

Deere

$145.25

6.02 (4.32%)

06:55
11/23/17
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06:55
Recommendations
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  • 28

    Nov

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SECO

Seeco Holding

$8.34

0.14 (1.71%)

04:55
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Conference/Events
Seeco Holding management to meet with Jefferies »

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  • 23

    Nov

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Conference/Events
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