Apple and Tesla are splitting their shares, but does it matter?
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Go back to Apple and Tesla are splitting their shares, but does it matter?
September 1, 2020 8:40 AM EDT
Wedbush analyst Daniel Ives says Tesla (NASDAQ: TSLA) equity deal is a smart strategic move and further comments "We believe this capital raise is a clear positive and further solidifies our bull case price target scenario of $700 ($3,500 pre split) with our base target $380. We maintain our NEUTRAL rating."
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August 31, 2020 10:24 PM EDT
RBC Capital analyst Joseph Spak raised the price target on Tesla (NASDAQ: TSLA) to $290.00 (from $190.00) while maintaining a Underperform rating.
The analyst comments "When we look at Tesla in our simple two-stage model to try to understand embedded expectations (using a 7% discount rate, 4%... More
August 31, 2020 8:32 AM EDT
Analyst Alexander Potter comments "See pages 2-30 for this month's edition of the China Picture Book. The charts reveal some notable trends in the electric vehicle (EV) space, where Tesla and a few others are pushing penetration higher. Unlike in the past, we think this latest increase in EV... More
August 31, 2020 7:03 AM EDT
Wedbush analyst Daniel Ives lowered the price target on Apple (NASDAQ: AAPL) to $150.00 (from $600.00) while maintaining a Outperform rating.
The analyst adjusts the PT following the recent stock split. New adjusted Bull case is $175.00.
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