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TSLA

Tesla

$262.90

-10.35 (-3.79%)

07:25
04/23/19
04/23
07:25
04/23/19
07:25

Tesla still the 'clear leader' in EVs, says Canaccord

Canaccord analyst Jed Dorsheimer reiterated a Buy rating and $391 price target on Tesla following the company's "Autonomy Day" presentation. In a research note to investors, Dorsheimer said he continues to see Tesla as the "clear leader" in EVs, and if anything remotely close to the timeline for Level 5 capabilities that the company has laid out occurs, the formidable lead that the company has in autonomy will result in "meaningful" market share gains. He also feels that the recent shareholder friendly Board member reduction to 7 from 11 that removed several of CEO Elon Musk's close allies should create a more balanced corporate governance going forward.

  • 24

    Apr

TSLA Tesla
$262.90

-10.35 (-3.79%)

04/22/19
EVER
04/22/19
DOWNGRADE
Target $240
EVER
Underperform
Evercore ISI downgrades Tesla to Underperform on decline in Model S/X demand
As previously reported, Evercore ISI analyst Arndt Ellinghorst downgraded Tesla to Underperform from In Line citing his more cautious view on demand for its vehicles, in particular the recent "severe decline" in demand for the Model S and Model X. Given the demand concerns, Ellinghorst cut his delivery forecasts for 2019, 2020 and 2021 and lowered his 2020 EPS estimates by 40%. He also expresses concern that the company has been taking repeated "cost-cutting measures" designed to conserve cash, when a "proper capital raise" would alleviate liquidity concerns, Ellinghorst tells investors. He lowered his price target on Tesla shares to $240 from $330.
04/22/19
WEDB
04/22/19
NO CHANGE
Target $365
WEDB
Outperform
Tesla's Q1 results 'the elephant in the room,' says Wedbush
Wedbush analyst Daniel Ives says that while he expects positive announcements from Tesla's Autonomy Day event, clearly "the elephant in the room" is Q1 earnings around the corner, which based on delivery numbers released and the cost trajectory is expected to be a "train wreck quarter." The analyst "firmly" believes in the long-term vision for Tesla and expects self-driving autonomous technology will be a linchpin of the company's success, he notes that the Street needs to have a better grasp on the near-term demand trajectory in the U.S. for Q2, delivery logistics for Model 3 in Europe/ China, and better understanding of the tenuous balance sheet situation going forward for the stock to stabilize. Ives reiterates an Outperform rating and a $365 price target on the stock.
04/22/19
04/22/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Tesla (TSLA) downgraded to Underperform from In Line at Evercore ISI with analyst Arndt Ellinghorst citing his more cautious view on demand for its vehicles, in particular the recent "severe decline" in demand for the Model S and Model X. 2. Schlumberger (SLB) downgraded to Sell from Hold at Tudor Pickering. 3. Dunkin' Brands (DNKN) downgraded to Hold from Buy at Maxim. 4. D.R. Horton (DHI) downgraded to Market Perform from Outperform at Keefe Bruyette with analyst Jade Rahmani citing valuation. 5. Occidental Petroleum (OXY) downgraded to Neutral from Buy at Mizuho with analyst Paul Sankey saying reports of Occidental bidding for Anadarko (APC) are "well outside" his "prior understanding of company strategy." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/23/19
PIPR
04/23/19
NO CHANGE
PIPR
Piper sees U.S. ride-hailing market reaching $500B per year by 2040
Piper Jaffray expects the U.S. ride-hailing market will achieve annual revenue of $500B per year by 2040, analysts led by Alexander Potter tell investors in a research note. The firm, which utilized baseline data from the National Household Travel Survey, expects ride-hailing growth to continue, with around one-third of urban trips relying on shared third-party vehicles in 2040. This compares to a baseline of only 1.4% in 2017, and equates to a 20-year annual growth rate of ~14%, the analysts contend. Of the stocks with exposure to this trend, Piper prefers Lyft (LYFT), General Motors (GM) and NXP Semiconductors (NXPI). Other covered companies also warrant mention, including Apple (AAPL), Amazon.com (AMZN), Aptiv (APTV), Ford (F), Nvidia (NVDA), and Tesla (TSLA), says Piper.

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AAPL

Apple

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Amazon.com

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Apple

$202.73

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Amazon.com

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BLK

BlackRock

$407.29

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WMT

Walmart

$110.83

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COST

Costco

$274.16

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MMM

3M

$155.84

-5.04 (-3.13%)

08:58
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ULTA

Ulta Beauty

$322.34

-12.5 (-3.73%)

08:56
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CMCSK

Comcast

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Comcast

$42.47

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Roku working for investors, Barron's says »

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Comcast

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Comcast

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DIS

Disney

$131.70

-4.37 (-3.21%)

NFLX

Netflix

$291.40

-5.47 (-1.84%)

AAPL

Apple

$202.73

-9.82 (-4.62%)

ROKU

Roku

$137.77

-1.35 (-0.97%)

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NSRGY

Nestle

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(0.00%)

08:44
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Nestle stock looking appetizing after big gain, Barron's says »

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Netflix

$291.40

-5.47 (-1.84%)

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Disney

$131.70

-4.37 (-3.21%)

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Periodicals
Football season is back, key moment for TV future, Barron's says »

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Netflix

$291.40

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DIS

Disney

$131.70

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FOXA

Fox Corp.

$31.76

-1.29 (-3.90%)

CMCSK

Comcast

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Comcast

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CBS

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AMZN

Amazon.com

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UPS

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$111.29

-3.91 (-3.39%)

F

Ford

$8.76

-0.27 (-2.99%)

GM

General Motors

$36.06

-1.19 (-3.19%)

DDAIF

Daimler AG

$0.00

(0.00%)

HMC

Honda

$22.90

-0.32 (-1.38%)

TM

Toyota

$127.94

-1.69 (-1.30%)

VWAGY

Volkswagen

$0.00

(0.00%)

AAPL

Apple

$202.73

-9.82 (-4.62%)

FB

Facebook

$177.69

-4.39 (-2.41%)

TWTR

Twitter

$41.01

-1.16 (-2.75%)

GOOGL

Alphabet Class A

$1,154.66

-35.75 (-3.00%)

GOOG

Alphabet

$1,151.72

-36.81 (-3.10%)

ADM

Archer Daniels

$37.44

-0.48 (-1.27%)

REGI

Renewable Energy

$11.65

0.61 (5.53%)

GPRE

Green Plains

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AMAT

Applied Materials

$45.12

-1.92 (-4.08%)

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AMD

$29.55

-2.35 (-7.37%)

04:55
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Conference/Events
MUFG Securities to hold a tour »

MUFG Securities Tech Tour…

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Applied Materials

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AMD

AMD

$29.55

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ANET

Arista Networks

$223.35

-3.84 (-1.69%)

CHKP

Check Point

$106.84

-2.36 (-2.16%)

CSCO

Cisco

$46.65

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EQIX

Equinix

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FLEX

Flex

$9.72

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INTC

Intel

$44.97

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NVDA

Nvidia

$162.51

-8.93 (-5.21%)

OTEX

OpenText

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PYPL

PayPal

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RingCentral

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SQ

Square

$61.65

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STX

Seagate

$46.96

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TWLO

Twilio

$127.90

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V

Visa

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DB

Deutsche Bank

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Deutsche Bank, Capital One won't say if they have Trump's tax returns, NYP says »

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MXIM

Maxim Integrated

$52.14

-2.42 (-4.44%)

17:53
08/23/19
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Hot Stocks
Maxim Integrated's Jain sells 12,683 common shares »

In a regulatory filing,…

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GLD

SPDR Gold Shares

$144.15

2.77 (1.96%)

17:42
08/23/19
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Hot Stocks
SPDR Gold Shares holdings rise to 859.83MT to 854.84MT »

This is the fourth…

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AUMN

Golden Minerals

$0.27

0.0159 (6.38%)

17:33
08/23/19
08/23
17:33
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17:33
Hot Stocks
Golden Minerals receives noncompliance notice from NYSE »

Golden Minerals announced…

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DMPI

DelMar Pharmaceuticals

$0.77

0.0047 (0.61%)

17:25
08/23/19
08/23
17:25
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Hot Stocks
Intracoastal Capital reports 9.99% passive stake in DelMar Pharmaceuticals »

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RTN

Raytheon

$180.58

-6.44 (-3.44%)

17:22
08/23/19
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17:22
Hot Stocks
Raytheon awarded $534M Army contract »

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UHAL

Amerco

$339.43

-2.97 (-0.87%)

17:21
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17:21
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Amerco announces special cash dividend of 50c per share »

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NTLA

Intellia Therapeutics

$15.77

-1.08 (-6.41%)

17:20
08/23/19
08/23
17:20
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17:20
Syndicate
Breaking Syndicate news story on Intellia Therapeutics »

Intellia Therapeutics…

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GD

General Dynamics

$183.42

-4.19 (-2.23%)

17:19
08/23/19
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17:19
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17:19
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General Dynamics awarded $1.08B Navy contract modification »

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NVLN

Novelion Therapeutics

$0.66

-0.0523 (-7.37%)

17:17
08/23/19
08/23
17:17
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17:17
Hot Stocks
Stonepine Capital reports 6.1% passive stake in Novelion Therapeutics »

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LMT

Lockheed Martin

$376.85

-8.91 (-2.31%)

17:14
08/23/19
08/23
17:14
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17:14
Hot Stocks
Lockheed Martin awarded $2.43B Navy contract modification »

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ONCS

OncoSec

$1.84

-0.03 (-1.60%)

17:14
08/23/19
08/23
17:14
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17:14
Syndicate
Breaking Syndicate news story on OncoSec »

OncoSec files $50M mixed…

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TNXP

Tonix Pharmaceuticals

$0.42

-0.0249 (-5.60%)

17:09
08/23/19
08/23
17:09
08/23/19
17:09
Syndicate
Breaking Syndicate news story on Tonix Pharmaceuticals »

Tonix Pharmaceuticals…

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  • 25

    Sep

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$284.86

-7.5 (-2.57%)

17:08
08/23/19
08/23
17:08
08/23/19
17:08
General News
Trump to raises tariff rates on Chinese goods, CNBC says »

U.S. President Donald…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$284.86

-7.5 (-2.57%)

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ATIS

Attis Industries

$1.03

-0.08 (-7.21%)

17:06
08/23/19
08/23
17:06
08/23/19
17:06
Hot Stocks
Attis Industries provides update on status of Nasdaq listing »

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