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TSLA

Tesla

$344.96

6.34 (1.87%)

08:43
01/11/19
01/11
08:43
01/11/19
08:43

Bull/bear tug of war continues into Tesla's Q1, says Wedbush

Wedbush analyst Daniel Ives maintained an Outperform rating and $440 price target on Tesla, telling investors in a research note that the company has started to turn the corner on Model 3 production, demand looks "healthy" into 2019 and beyond, and says the financial model is poised to generate improved profitability/cash flow, putting the risk of a capital raise in the background for now. However, Ives cautions that there is no room for major production errors or another distraction from CEO Elon Musk and others. While Tesla remains a "rollercoaster ride," Ives believes European deliveries hitting the ground in Q1 and a steady production ramp out of Fremont remain key variables for the bulls/bears to debate heading into a "pivotal" earnings report and guidance.

TSLA Tesla
$344.96

6.34 (1.87%)

01/02/19
GSCO
01/02/19
NO CHANGE
Target $225
GSCO
Sell
Tesla production below expectations, demand in question, says Goldman Sachs
Goldman Sachs analyst David Tamberrino said Tesla's Q4 delivery numbers "came in okay," but the company's production came in worse than he expected. He also believes demand is in question following the company's price cut and thinks the implied increase in inventory levels for the Model 3 is a concern. The question of demand, as well as the lack of re-affirmation of positive net income and FCF guidance, contributed to the shares' underperformance today, Tamberrino tells investors. He keeps a Sell rating on Tesla shares with a $225 price target.
01/03/19
JPMS
01/03/19
NO CHANGE
Target $220
JPMS
Underweight
JPMorgan cuts Tesla target to $220, keeps Underweight rating on shares
JPMorgan analyst Ryan Brinkman lowered his price target for Tesla to $220 from $225 after the company announced yesterday that Q4 deliveries tracked 90,700 vehicles, softer than his firm's estimate of 93,000. Most closely watched Model 3 deliveries totaled 63,150 in Q4 versus the consensus of 63,698 and JPMorgan's estimate of 65,000, Brinkman tells investors in a research note. Further, the announced vehicle price cuts suggest soft underlying demand, adds the analyst. He cut his Q4 earnings per share estimate for Tesla to 77c from 93c and 2019 estimate to $3.35 from $3.95. With "material downside" to his December 2019 price target of $220, Brinkman keeps an Underweight rating on Tesla.
01/03/19
DBAB
01/03/19
NO CHANGE
Target $375
DBAB
Hold
Tesla selloff yesterday on price cuts is justified, says Deutsche Bank
Yesterday's negative stock reaction to Tesla's U.S. price cuts is justified, as the move should put pressure on consensus 2019 earnings and free cash flow estimates, and raises "real questions" about the elasticity of demand for the company's vehicles, Deutsche Bank analyst Emmanuel Rosner tells investors in a research note. The analyst, however, believes Tesla's near-term news flow could be more supportive, as he expects "robust" Q4 earnings and does not see the need for a capital raise. Further, he points out that the current stock price leaves some larger upside potential to his $375 price target. Rosner, nonetheless, keeps a Hold rating on Tesla shares.
01/10/19
MSCO
01/10/19
NO CHANGE
Target $291
MSCO
Equal Weight
Morgan Stanley 'unconvinced' on Tesla long-term future in China after Musk trip
Morgan Stanley analyst Adam Jonas said it is notable that Elon Musk, "one of the most well-known U.S. CEOs," physically traveled to China and he thinks Tesla may have some negotiating power to secure more favorable, or at least "less unfavorable," trading parameters for the import and sale of its electric vehicles in China while the Shanghai Gigafactory is being ramped up. Tesla's success in securing improved trade terms with China could be worth "many tens of thousands" in Model 3 volume over the next 12 months and significantly impact its ability to make or beat consensus forecasts, said Jonas, who noted that he remains "unconvinced of Tesla's long-term future in China." Jonas keeps an Equal Weight rating and $291 price target on Tesla shares.

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IBCP

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GOOG

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LAD

Lithia Motors

$87.13

1.57 (1.84%)

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CYDY

CytoDyn

$0.00

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ABT

Abbott

$71.43

0.9 (1.28%)

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SFUN

Fang Holdings

$1.88

-0.01 (-0.53%)

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TS

Tenaris

$24.32

0.64 (2.70%)

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PAAS

Pan American Silver

$14.17

-0.31 (-2.14%)

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CRWS

Crown Crafts

$5.68

(0.00%)

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AL

Air Lease

$37.50

0.6 (1.63%)

, BA

Boeing

$364.79

5.52 (1.54%)

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AL

Air Lease

$37.50

0.6 (1.63%)

BA

Boeing

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UTSI

UTStarcom

$3.22

0.1 (3.21%)

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VRTX

Vertex

$194.63

4.19 (2.20%)

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ALNY

Alnylam

$83.08

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THO

Thor Industries

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PLWTY

Panalpina

$0.00

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EFGSY

Eiffage

$0.00

(0.00%)

08:41
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Eiffage rating change at Barclays »

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TVFCF

Television Francaise 1

$0.00

(0.00%)

08:40
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ATVDY

Atresmedia

$0.00

(0.00%)

08:37
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TDPAY

Tod's

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SFRGY

Salvatore Ferragamo

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