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TSLA

Tesla

$332.75

-1.27 (-0.38%)

07:35
01/02/19
01/02
07:35
01/02/19
07:35

Nomura expects opportunity to buy Tesla shares at lower levels

In a research note titled "Mind the Gap Overseas," Nomura Instinet analyst Romit Shah keeps a Neutral rating on Tesla with a $300 price target. The stock closed Monday down $1.07 to $332.80. The analyst remains constructive on Tesla longer term but thinks there will be an opportunity to accumulate shares at a better price. He expects Tesla will report Q4 deliveries this week with Model 3 volumes in the low- to mid-60,000 range, approximately in line with consensus. More importantly, Q4 deliveries "are likely to be as good as it gets" for the next one-to-two quarters due to an in-transit lag with Europe, U.S. federal tax credit phase-out, lower U.S. Model 3 backlog and macroeconomic weakness, Shah tells investors.

TSLA Tesla
$332.75

-1.27 (-0.38%)

12/18/18
MSCO
12/18/18
NO CHANGE
Target $291
MSCO
Equal Weight
Tesla Q4 could mark 'emerging peak' in sentiment, says Morgan Stanley
Morgan Stanley analyst Adam Jonas said Tesla's "extraordinary efforts" to deliver Model 3 vehicles before year end could drive Q4 cash flow substantially up from Q3, potentially twice as high in a bullish scenario. He acknowledges Tesla management has stated that the company does not need to raise capital and has no current intention of doing so, but thinks a potential capital raise could reduce many investors' concerns about financial pressure, Jonas tells investors. Jonas views Q4 as a transition point for Tesla from a "Ramp" stage to a "Raise" stage, and thinks it may mark an emerging peak in sentiment and, potentially, share price, Jonas tells investors. He keeps an Equal Weight rating on Tesla shares with a $291 price target.
12/18/18
GSCO
12/18/18
NO CHANGE
Target $225
GSCO
Sell
Goldman Sachs says Tesla's recent demand boosted by expected tax credit phaseout
Goldman Sachs analyst David Tamberrino is keeping his Sell rating and $225 price target on Tesla, saying the recent strength in its Model 3 production and stock price has been inflated by the "combination of pent-up demand and the looming phase-out of the US Federal Tax Credit". The analyst believes that the company's Q4 deliveries will be supported by the 50% reduction in the $7.5K tax credit effective January 1st, 2019, but that pull-through of demand will also result in a "lull" starting with delivery figures in Q1 that "may not be fully made up by initial deliveries across Europe." Tamberrino further states that most of the "sustainable demand" for Model 3 is at the lower end of the price curve, and that Tesla's margins will likely be eroded "as time progresses".
12/24/18
WEDB
12/24/18
NO CHANGE
Target $275
WEDB
Outperform
Wedbush lays out Apple investor 'Christmas wish list' for 2019
Wedbush analyst Daniel Ives said that sentiment about Apple (AAPL) "is as negative as we have seen in many years" with the stock down over 30% since early November, though he "vehemently" disagrees with those who are pricing in a "meaningful apocalyptic iPhone unit deceleration not just for 2019 but possibly for 2020." With Apple investors looking toward 2019, Ives laid out his "Top 10 holiday wish list for Apple investors," which includes FY19 iPhone units shipped topping 200M; China consumer iPhone upgrades for FY19 hitting 30M; settling the Qualcomm (QCOM) patent issue "once and for all"; services business hits revenue over $45B in FY19; more transparency and metrics around the services business; a meaningful acquisition of a major content player; announcing an accelerated buyback program; lowering prices on some OLED iPhone models; the China trade war being settled in early 2019; and Apple announcing a strategic partnership with Tesla (TSLA). Ives keeps an Outperform rating and $275 price target on Apple shares.
12/26/18
WEDB
12/26/18
NO CHANGE
Target $440
WEDB
Outperform
Humming on Tesla Model 3 Europe demand 'front and center' into 2019, says Wedbush
Wedbush analyst Daniel Ives says Tesla has turned the corner on Model 3 production, demand looks very strong into 2019, and the financial model is now poised to generate improved profitability and cash flow that puts the risk of a capital raise in the background for now. The analyst also believes the roadmap for European Model 3 delivery/shipments appear on schedule for the next few months as the window has now opened up for customers in a host of European countries to order Model 3's with production ramping significantly in January to meet high demand. While there are worries that some European unit shipments might spill over into Q2 and out of Q1, Ives thinks the Street is well aware of this potential timing dynamic as underlying pent-up demand looks robust on this new European frontier for Musk heading into 2019, with China also a major growth catalyst on the heels of recent price cuts. The analyst reiterates an Outperform rating and $440 price target on the shares.

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UBSFY

Ubisoft

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GOOGL

Alphabet Class A

$1,153.08

2.62 (0.23%)

, GOOG

Alphabet

$1,152.90

2.51 (0.22%)

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Alphabet Class A

$1,153.08

2.62 (0.23%)

GOOG

Alphabet

$1,152.90

2.51 (0.22%)

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STMP

Stamps.com

$49.28

1.64 (3.44%)

13:05
07/16/19
07/16
13:05
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Options
Stamps.com call volume above normal and directionally bullish »

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ARWR

Arrowhead

$27.89

0.08 (0.29%)

13:04
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TSLA

Tesla

$250.91

-2.5 (-0.99%)

13:01
07/16/19
07/16
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13:01
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Tesla CEO says to raise cost of full self-driving option by about $1K on Aug. 16 »

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NTAP

NetApp

$59.53

-1.28 (-2.10%)

12:55
07/16/19
07/16
12:55
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12:55
Options
NetApp put volume heavy and directionally bearish »

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CDNA

CareDx

$32.11

-5.29 (-14.14%)

12:53
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MORN

Morningstar

$152.98

-1.51 (-0.98%)

12:47
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NTDOY

Nintendo

$0.00

(0.00%)

, DIS

Disney

$144.43

-0.62 (-0.43%)

12:45
07/16/19
07/16
12:45
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On The Fly
Game On: Wedbush upgrades Nintendo after Switch Lite reveal »

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NTDOY

Nintendo

$0.00

(0.00%)

DIS

Disney

$144.43

-0.62 (-0.43%)

ATVI

Activision Blizzard

$46.77

-0.88 (-1.85%)

TTWO

Take-Two

$116.75

-0.27 (-0.23%)

EA

Electronic Arts

$88.82

-3.4 (-3.69%)

FB

Facebook

$203.61

-0.32 (-0.16%)

UBSFY

Ubisoft

$0.00

(0.00%)

SNE

Sony

$53.96

-1.81 (-3.25%)

MSFT

Microsoft

$136.86

-2.08 (-1.50%)

TCEHY

Tencent

$0.00

(0.00%)

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I

Intelsat

$20.46

0.74 (3.75%)

12:45
07/16/19
07/16
12:45
07/16/19
12:45
Options
Intelsat call volume above normal and directionally bullish »

Bullish option flow…

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  • 08

    Aug

12:45
07/16/19
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12:45
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12:45
General news
Breaking General news story  »

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12:39
07/16/19
07/16
12:39
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12:39
Conference/Events
JPMorgan SMid Cap biotech analyst to hold an analyst/industry conference call »

SMid Biotech Analyst Fye,…

KKR

KKR

$26.21

-0.34 (-1.28%)

12:35
07/16/19
07/16
12:35
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12:35
Options
KKR put volume heavy and directionally bearish »

Bearish flow noted in KKR…

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  • 25

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12:30
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General news
Fed's Kaplan said he could see a rate cut given signals from the bond market »

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TELL

Tellurian

$7.91

0.13 (1.67%)

12:25
07/16/19
07/16
12:25
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12:25
Options
Tellurian call volume above normal and directionally bullish »

Bullish option flow…

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JPM

JPMorgan

$114.77

0.9 (0.79%)

, GS

Goldman Sachs

$213.28

1.73 (0.82%)

12:24
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JPM

JPMorgan

$114.77

0.9 (0.79%)

GS

Goldman Sachs

$213.28

1.73 (0.82%)

JNJ

Johnson & Johnson

$132.78

-1.89 (-1.40%)

WFC

Wells Fargo

$45.59

-1.11 (-2.38%)

MLNT

Melinta Therapeutics

$4.47

0.29 (6.94%)

JBHT

J.B. Hunt

$98.40

5.9 (6.38%)

QTT

Qutoutiao

$4.26

-0.27 (-5.96%)

DPZ

Domino's Pizza

$249.00

-20.97 (-7.77%)

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

12:17
07/16/19
07/16
12:17
07/16/19
12:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

12:16
07/16/19
07/16
12:16
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12:16
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NYSE market internals summary »

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RRC

Range Resources

$5.69

-0.31 (-5.17%)

12:15
07/16/19
07/16
12:15
07/16/19
12:15
Options
Range Resources put volume heavy and directionally bearish »

Bearish flow noted in…

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  • 26

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$300.28

-0.5 (-0.17%)

12:06
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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$300.28

-0.5 (-0.17%)

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LBTYA

Liberty Global

$26.47

-0.01 (-0.04%)

12:05
07/16/19
07/16
12:05
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12:05
Options
Liberty Global call volume above normal and directionally bullish »

Bullish option flow…

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  • 08

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12:05
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12:05
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General news
Breaking General news story  »

Dallas Federal Reserve…

GIGA

Giga-tronics

$0.00

(0.00%)

, LMT

Lockheed Martin

$366.99

-0.66 (-0.18%)

12:00
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Giga-tronics receives orders totaling $3.74M from Lockheed and Raytheon »

Giga-tronics (GIGA)…

GIGA

Giga-tronics

$0.00

(0.00%)

LMT

Lockheed Martin

$366.99

-0.66 (-0.18%)

RTN

Raytheon

$178.90

0.82 (0.46%)

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  • 23

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TV

Televisa

$9.02

-0.57 (-5.94%)

12:00
07/16/19
07/16
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12:00
Hot Stocks
Televisa falls -5.9% »

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DPZ

Domino's Pizza

$250.00

-19.97 (-7.40%)

12:00
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07/16
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12:00
Hot Stocks
Domino's Pizza falls -7.4% »

Domino's Pizza is…

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