Midday movers: JPMorgan, Bank of America, Exxon, Tesla and more

Wedbush comments on Elon Musk's AI ultimatum

Wedbush remains bullish on Tesla (NASDAQ: TSLA) with an Outperform rating and $350.00 price target after the electric vehicle giants CEO, Elon Musk commented on social media platform, X creating a stir overnight.

Musk said his post: "I am uncomfortable growing Tesla to be a leader in AI &... More

Coinbase (COIN) headwinds 'now outweigh the significant tailwinds' - CFRA Research

Coinbase (NASDAQ: COIN) was downgraded to Sell from Hold at CFRA Research in a note on Tuesday, lowering the price target to $54 from $109 per share.

Analyst Michael Elliot noted that shares of COIN have fallen 14% since the SEC approved spot Bitcoin ETFs and 25% year-to-date,... More

Tesla (TSLA) down following Elon Musk's AI ownership comments

Tesla (NASDAQ: TSLA) CEO Elon Musk revealed on social media platform X (formerly Twitter) that the multi-billionaire is uncomfortable with the idea of expanding the automaker's role in artificial intelligence and robotics without first securing a minimum of 25% of voting control of the... More

TD Cowen Reiterates Positive View on Boeing (BA)

TD Cowen analyst Cai von Rumohr reiterated an Outperform rating and $275.00 price target on Boeing (NYSE: BA)

The analyst comments "Full implications of the Alaska Air incident are unclear. We think it will result in tighter oversight of BA production with headwinds to... More

Citi Comments on Delta Air Lines (DAL)

Citi analyst Stephen Trent reiterated a Buy rating and $56.00 price target on Delta Air Lines (NYSE: DAL).

The analyst comments "Delta struck a reasonable tone on its 4Q results conference call, with management highlighting macro factors and an expected $350M y-o-y increase in... More

Lucid (LCID) falls in pre-market after announcing 2k unit recall

Shares of Lucid Group (NASDAQ: LCID) are down more than 3% in pre-market trading Friday morning after the company announced that they will be recalling more than 2,000 of its Air luxury electric sedans.

According to the recall notice, early versions of the Air sedan,... More

Tesla (TSLA) trades down following price cuts in China

Shares of Tesla (NASDAQ: TSLA) are down more than 3% in pre-market trading Friday morning after the electric automaker officially reduced the price of their Model 3 and Model Y in China, with cuts ranging from Rmb6.5k to Rmb15.5k.

According to channel checks conducted by Morgan Stanley, the reduction was more moderate than what the... More