Brad Erickson

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk deserves credit for restoring some faith and credibility in the company, but not enough for a bearish turn on the stock, KeyBanc Capital Markets said after the automaker's second-quarter print.  The Analyst KeyBanc's Brad Erickson maintains a...

GrubHub Inc. (NYSE: GRUB) reported strong second-quarter performance Wednesday while also announcing plans to acquire LevelUp, the restaurant loyalty platform. The Analyst KeyBanc Capital Markets analyst Brad Erickson reiterated an Overweight on GrubHub with a price target increased from $115...

Tesla Inc (NASDAQ: TSLA) boasted over the weekend that it met its quarterly production goal, although the figures were reportedly achieved beyond deadline. Success or not, KeyBanc Capital Markets was satisfied. The Rating Analyst Brad Erickson maintained a Sector Weight rating on Tesla with a...

The payments prospects for Latin American e-commerce marketplace Mercadolibre Inc (NASDAQ: MELI) prompted KeyBanc Capital Markets to upgrade the stock this week.  The Analyst Analyst Brad Erickson upgraded MercadoLibre from Sector Weight to Overweight and set a $350 price target. The...

Tesla Inc (NASDAQ: TSLA)’s stock has stood strong in the month leading up to the quarter’s end. One analyst found such strength is performance-backed. The Rating KeyBanc Capital Markets analyst Brad Erickson maintained a Sector Weight rating. The Thesis KeyBanc’s store checks...

Concerning customer feedback trends at Yelp Inc (NYSE: YELP) prompted KeyBanc to drop its bullish stance on the stock. The Analyst KeyBanc Capital Markets' Brad Erickson downgraded Yelp's stock rating from Overweight to Sector Weight with no assigned price target. The Thesis Yelp's...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk censured analysts on the company’s Wednesday afternoon earnings call for asking “bonehead” questions. One analyst was told to “ask questions that are not boring,” and a Model Y query was abruptly dismissed with “let...

Tesla Inc (NASDAQ: TSLA) shares fell as much as 7.3 percent on the company’s mixed first-quarter earnings report, but whatever shook investors didn’t faze the analysts. What Went Well Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius confirmed the first quarter was “no...

Tesla Inc (NASDAQ: TSLA)'s first-quarter report Wednesday had multiple data points for both bulls and bears to highlight, according to KeyBanc Capital Markets.  The Analyst KeyBanc's Brad Erickson maintains a Sector Weight rating on Tesla's stock with no assigned price target....

If analysts prove prescient, Tesla Inc (NASDAQ: TSLA)’s getting ready to post a $3.27 loss per share on revenue of about $3.31 billion in its Wednesday earnings release. The firm already reported a deliveries decline and production beat — achievements that further divided the Street...

GrubHub Inc (NYSE: GRUB) stock has gained 175 percent since the start of 2017, which has some analysts suggesting investors move to the sidelines. But after conducting firsthand checks with restaurant owners and managers, KeyBanc Capital Markets said the case for further upside can still be made...

When Tesla Inc (NASDAQ: TSLA) announced the first of two temporary shutdowns at the Fremont and Gigafactory 1 plants this week, the market braced for another quarterly Model 3 production miss. CEO Elon Musk soon clarified the intention of the shutdown strategy: a quarter-end production rate of 6,...

​Despite missing Street delivery estimates and exceeding production expectations, Tesla Inc (NASDAQ: TSLA) reiterated annual guidance on Model S and X deliveries and a second-quarter production target of 5,000 Model 3s per week. Not only that, but Tesla said it could achieve its goals without a...

Tesla Inc (NASDAQ: TSLA) totalled nearly 30,000 deliveries last quarter, with all models falling below consensus estimates. But to KeyBanc Capital Markets, the report was “better than feared.” The Rating KeyBanc analysts Brad Erickson and Elliot Arnson maintained a Sector Weight...

Uber’s suspension of self-driving tests and investigation into a fatal crash have cast doubt on the future of autonomous vehicles. The new narrative, coupled with a Model X fatality and Moody’s downgrade, has prompted a 17.8-percent sell-off in Tesla Inc (NASDAQ: TSLA) ― an overreaction...