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RBC Capital Out Positive on Tesla (TSLA) Endorsement Re: FSD in China
April 29, 2024 11:00 AM EDTRBC Capital analyst Tom Narayan reiterated an Outperform rating and $293.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "What do we think? Winning FSD in China would be significant. It would unlock a significant fleet of Tesla vehicles able to charge subscription fees. This is central to our investment thesis on... More
Wolfe discusses key swing factors for Tesla (TSLA) stock
April 29, 2024 7:55 AM EDTAnalysts at Wolfe Research outlined the key swing factors for Tesla's (NASDAQ: TSLA) stock in a note Monday, saying that the outlook has improved, but uncertainty remains.
New vehicle deliveries is one of the key swing factors, with Wolfe Research stating that despite management's commentary, they expect 2024 deliveries to be down compared to 2023 at around 1.75 million, or -2% year-over-year.
"Multiplying Q1... More
These two Magnificent 7 stocks are hedge funds' favorites - report
April 26, 2024 6:41 AM EDTAnalysts at Jefferies highlighted two Magnificent 7 stocks that have become favorites of hedge funds.
According to Jefferies, hedge funds have leaned into communication services and tech stocks and increased their risk exposure to above-average levels.
The firm revealed that both Amazon (NASDAQ:... More
