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TSLA

Tesla

$300.93

-3.77 (-1.24%)

14:40
04/12/18
04/12
14:40
04/12/18
14:40

NTSB confirms revoking Tesla's status as party to investigation

The National Transportation Safety Board announced the removal of Tesla as a party to the NTSB's investigation of the March 23 fatal crash of a 2017 Tesla Model X near Mountain View, California. "The NTSB took this action because Tesla violated the party agreement by releasing investigative information before it was vetted and confirmed by the NTSB. Such releases of incomplete information often lead to speculation and incorrect assumptions about the probable cause of a crash, which does a disservice to the investigative process and the traveling public," the board stated. NTSB Chairman Robert Sumwalt added: "We decided to revoke Tesla's party status and informed Mr. Musk in a phone call last evening and via letter today. While we understand the demand for information that parties face during an NTSB investigation, uncoordinated releases of incomplete information do not further transportation safety or serve the public interest."

TSLA Tesla
$300.93

-3.77 (-1.24%)

04/05/18
BERN
04/05/18
NO CHANGE
BERN
BMW, Tesla among 'biggest losers' following Chinese tariffs, says Bernstein
Bernstein analyst Robin Zhu notes that China's Ministry of Commerce announced 25% incremental tariffs on U.S. imports of 106 types of goods, including essentially all automobiles, soy beans, chemicals, aircraft, and other goods. If enforced, this would mean cars imported from the U.S. would face 50% import tariffs, up from the usual 25%. The analyst believes the biggest losers would be BMW (BMWYY), Mercedes (DDAIF), Tesla (TSLA). BMW and Mercedes import the largest volumes of cars from the U.S. into China, followed by is Tesla with14k units of projected imports, he points out.
04/10/18
VERF
04/10/18
INITIATION
Target $84
VERF
Sell
Tesla initiated with a Sell at Vertical Group
Vertical Group analyst Gordon Johnson initiated Tesla with a Sell rating and $84 price target.
04/10/18
GSCO
04/10/18
NO CHANGE
Target $195
GSCO
Sell
Tesla price target lowered to $195 from $205 at Goldman Sachs
Goldman Sachs analyst David Tamberrino lowered his price target for Tesla to $195 from $205, while reiterating a Sell rating on the shares. The analyst notes that Tesla shares have seen a recovery following the company's Q1 production and delivery release, mainly on the back of a reiterated target for 5k/week Model 3 production rate exiting Q2 and as the company noted it does not require an equity or debt raise this year. However, the analyst sees the company likely sustaining Model 3 production around the 1,400/week mark, and believes Model S/X demand will likely be challenged going forward with the phase-out of the U.S. EV tax credit in 2H18 as incremental competition launches at the same time. Lastly, he still expects the company to raise capital later this year.
04/10/18
04/10/18
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Tesla (TSLA) initiated with a Sell at Vertical Group. 2. Philip Morris (PM) initiated with a Buy at Deutsche Bank. 3. Etsy (ETSY) initiated with a Buy at Loop Capital. 4. Zscaler (ZS) initiated with an Outperform at Credit Suisse and Baird, a Strong Buy at Needham, an Equal Weight at Morgan Stanley, Stephens, and Barclays, a Hold at Deutsche Bank, as well as a Neutral at BofA/Merrill and Goldman Sachs. 5. Equifax (EFX) initiated with an Underperform at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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0.15 (0.92%)

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PRO

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$35.39

-1.91 (-5.12%)

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IIN

IntriCon

$63.85

-4.9 (-7.13%)

20:34
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ADUS

Addus HomeCare

$59.35

-3.1 (-4.96%)

20:33
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Addus HomeCare 2.1M share Secondary priced at $59.00 »

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  • 16

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LABL

Multi-Color

$63.90

-1 (-1.54%)

20:32
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WMT

Walmart

$90.24

-0.565 (-0.62%)

, JCP

J.C. Penney

$2.40

-0.24 (-9.09%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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WMT

Walmart

$90.24

-0.565 (-0.62%)

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J.C. Penney

$2.40

-0.24 (-9.09%)

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WUBA

58.com

$58.59

-3.27 (-5.29%)

19:09
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Breaking Hot Stocks news story on 58.com »

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WUBA

58.com

$58.59

-3.27 (-5.29%)

19:08
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58.com reports Q2 adjusted earnings per ADS 82c, consensus 68c »

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  • 16

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WAIR

Wesco Aircraft

$13.65

-0.3 (-2.15%)

19:07
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TGI

Triumph Group

$21.10

-0.9 (-4.09%)

19:07
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Initiation
Triumph Group initiated at UBS »

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HXL

Hexcel

$68.40

-1.13 (-1.63%)

19:06
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Embraer

$18.64

-0.495 (-2.59%)

19:05
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CW

Curtiss-Wright

$130.92

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LLL

L3 Technologies

$208.08

-1.73 (-0.82%)

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GD

General Dynamics

$192.29

-1.33 (-0.69%)

19:03
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BDRBF

Bombardier

$0.00

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Initiation
Bombardier initiated at UBS »

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HEI

Heico

$76.50

-1.81 (-2.31%)

19:00
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Initiation
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HRS

Harris

$162.73

-2.15 (-1.30%)

18:59
08/15/18
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18:59
Initiation
Harris initiated at UBS »

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NOC

Northrop Grumman

$291.52

-2.35 (-0.80%)

18:59
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Initiation
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PNC

PNC Financial

$142.03

-0.7 (-0.49%)

, WFC

Wells Fargo

$57.99

-0.08 (-0.14%)

18:57
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Periodicals
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$142.03

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$57.99

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