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Adobe Shares Trade Higher After Record Q2 Sales
Tuesday, June 18, 2019 - 4:18pm | 191Read More...Adobe Inc (NASDAQ: ADBE) shares traded higher after reporting record second-quarter revenues. Second-quarter adjusted earnings came in at $1.83 per share, beating estimates by 5 cents. Sales came in at $2.74 billion, beating estimates by $40 million. The company's third-quarter earnings and...
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Analyst: Failed Fiat Chrysler-Renault Merger A Positive For FCA
Thursday, June 6, 2019 - 3:10pm | 654Read More...Fiat Chrysler Automobiles NV (NYSE: FCAU)’s decision to scrap its proposal to merge with or acquire French car company Groupe Renault is likely a good idea for the makers of Ram trucks and Jeep Wranglers, but both companies face broader headwinds, according to sell-side analysts. ...
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Analyst: Tesla 'Could Set Up For A Short Squeeze'
Wednesday, May 22, 2019 - 11:03am | 423Read More...It’s been a rough week for Tesla, Inc. (NASDAQ: TSLA) and its investors, with the stock dipping below $200 on Monday and Tuesday for the first time since 2016. One analyst said Wednesday that Tesla shareholders shouldn’t expect things to improve anytime soon. The Analyst Bank of America...
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What To Make Of Tesla's Brutal Quarter
Thursday, April 25, 2019 - 10:38am | 669Read More...Tesla Inc (NASDAQ: TSLA) shares were surprisingly resilient Thursday morning after the company reported first-quarter earnings that disappointed Wall Street analysts across the board. Tesla reported an EPS loss of $2.90, which missed the consensus analyst estimates. First-quarter revenue was $4.54...
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Tesla Analysts Weigh In On Huge Deliveries Miss
Thursday, April 4, 2019 - 11:13am | 798Read More...Tesla, Inc. (NASDAQ: TSLA) crashed more than 9 percent Thursday after the company reported first-quarter auto deliveries well below Wall Street expectations. Tesla reported 50,900 Model 3 deliveries in the first quarter, missing consensus analyst estimates of 52,450. Total deliveries of 63,000...
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Model 3 Mayhem, China Prospects: Analysts Reflect On Tesla's Mixed Q4 Earnings
Thursday, January 31, 2019 - 12:18pm | 920Read More...Tesla Inc (NASDAQ: TSLA)’s story was little changed by mixed fourth-quarter earnings. “We believe 4Q results and the 2019 outlook give something for bulls and bears to exercise their imaginations,” Morgan Stanley analysts Adam Jonas and Armintas Sinkevicius wrote in a note....
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Ford's Outlook May Be Too Optimistic, Analysts Say After Q4 Print
Thursday, January 24, 2019 - 12:18pm | 530Read More...Ford Motor Company (NYSE: F)'s optimism for the coming year on the heels of its fourth-quarter earnings report was greeted with a strong bump on the market. Analysts expressed caution and even a bit of skepticism, saying questions linger about the American automaker’s turnaround....
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BofA: Global Environment Presents Challenges For Automotive Suppliers
Tuesday, January 22, 2019 - 6:15pm | 620Read More...Slowing car sales and uncertainty about global trade generally make Bank of America Merrill Lynch cautious on North American auto parts suppliers. An expected drop in car sales volume will affect supplier earnings, analyst John Murphy said in a Jan. 17 note issued after the North American...
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Tesla Meets Its Model 3 Production Goal, But Analysts Remain Largely Bearish
Wednesday, October 3, 2018 - 5:23pm | 920Read More...Tesla, Inc. (NASDAQ: TSLA), for the first time since Model 3 production began, has met its production goal. The automaker known for its autonomous technology and futuristic vision shared the good news Tuesday after a difficult stretch for the company, but it wasn't enough to move the stock out...
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Bank Of America: Tesla's Q3 Numbers 'Good, Not Great'
Wednesday, October 3, 2018 - 11:10am | 383Read More...Tesla Inc (NASDAQ: TSLA) closed down 4.1 percent Tuesday despite beating third-quarter Model 3 delivery estimates. Bank of America Merrill Lynch considers the market move just. The Rating Analysts John Murphy, Aileen Smith and Yarden Amsalem maintained an Underperform rating on Tesla with a $200...
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The Street Weighs In On Musk's SEC Settlement As Tesla Shares Rip Higher
Monday, October 1, 2018 - 1:12pm | 680Read More...Tesla Inc (NASDAQ: TSLA) stock skyrocketed 16 percent Monday after the company announced a fraud settlement with the U.S. Securities and Exchange Commission. According to the terms of the settlement, Tesla is paying a $20 million fine to the SEC, and CEO Elon Musk is paying a personal $20 million...
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BofA Remains 'Skeptical' On Tesla Model 3 Production After Investor Meetings, Expects Capital Raise
Wednesday, July 11, 2018 - 4:26pm | 348Read More...Even a day with Tesla Inc (NASDAQ: TSLA)’s senior director of investor relations couldn’t assuage one of the Street’s most bearish analysts. The Rating Bank of America Merrill Lynch analyst John Murphy maintained an Underperform rating on Tesla with a $180 price target in a...
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Here's What Wall Street Thinks Of Tesla's Q1 Earnings
Thursday, May 3, 2018 - 1:25pm | 926Read More...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...
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BofA: Lyft, Magna Could Be The First Of Many Autonomous Vehicle Partnerships
Friday, March 16, 2018 - 9:53am | 475Read More...Magna International Inc. (USA) (NYSE: MGA) announced a multiyear partnership with Lyft this week — and a $200-million investment in the ride-hailing service — to develop and manufacture self-driving systems at scale. The strategy puts the companies on pace to commercialize and...
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Analyst Sees Possible 'Big Bang' Of Upside For General Motors
Tuesday, November 28, 2017 - 1:36pm | 479Read More...There’s a lot of Street uncertainty surrounding the relative position of General Motors Company (NYSE: GM). While analysts mostly agree the automaker merits Buy or Hold ratings, there is no consensus on the firm’s place in the autonomous vehicle and fleet race. Some expect further...














