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Morgan Stanley Comments on Elon Musk Tweet Re: Tesla (TSLA) Vote
June 13, 2024 11:52 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "According to the WSJ, Tesla CEO Elon Musk posted on X that preliminary voting results indicate both major shareholder resolutions to ratify Musk's 2018 compensation package and reincorporate the company in Texas are "currently passing by... More
NextEra Energy (NEE) PT Raised to $75 at Evercore ISI
June 12, 2024 7:05 AM EDTEvercore ISI analyst Durgesh Chopra raised the price target on NextEra Energy (NYSE: NEE) to $75.00 (from $70.00) while maintaining a In Line rating.
The analyst comments "NEE hosted its 2024 Investor Conference yesterday, June 11th. The Company highlighted its scale, experience and technology advantage,... More
Citi Reiterates Neutral Rating on Tesla (TSLA)
June 12, 2024 6:40 AM EDTCiti analyst Itay Michaeli reiterated a Neutral rating and $182.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Ahead of an eventful few months for Tesla, we provide latest setup thoughts and a deeper-dive on RoboTaxi/AV prior to the 8/8 event. Were... More
NextEra Energy (NEE) PT Raised to $84 at RBC Capital
June 12, 2024 6:17 AM EDTRBC Capital analyst Shelby Tucker raised the price target on NextEra Energy (NYSE: NEE) to $84.00 (from $74.00) while maintaining a Outperform rating.
The analyst comments "We believe that NEEs underperformance yesterday was due to lofty expectations of earnings growth tied to power demand that... More
Morgan Stanley on Tesla (TSLA): 'Will Tesla Do a Phone? Yeah, We Think So'
June 12, 2024 6:10 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "From our continuing discussions with automotive management teams and industry experts, the car is an extension of the phone. The phone is an extension of the car. The lines between car and phone are truly blurring. For years, we have been writing about the potential for Tesla to expand into edge compute domains beyond the car,... More
BofA Securities Reiterates Buy Rating on General Motors (GM)
June 12, 2024 6:01 AM EDTBofA Securities analyst John Murphy reiterated a Buy rating and $75.00 price target on General Motors (NYSE: GM)
The analyst comments "GMs EVP & CFO Paul Jacobson presented at a conference today, 6/11. In addition to GMs increased buyback and dividend, Jacobson provided... More
NextEra Energy (NEE) PT Raised to $81 at Goldman Sachs
June 12, 2024 5:19 AM EDTGoldman Sachs analyst Carly Davenport raised the price target on NextEra Energy (NYSE: NEE) to $81.00 (from $74.00) while maintaining a Buy rating.
The analyst comments "We reiterate our Buy rating on NextEra Energy (NEE) following its Analyst Day in New York on June 11. We... More
NextEra Energy (NEE) PT Lowered to $85 at CFRA
June 11, 2024 4:39 PM EDTCFRA analyst Daniel RIch lowered the price target on NextEra Energy (NYSE: NEE) to $85.00 (from $87.00) while maintaining a Buy rating.
The analyst comments "Shares fell sharply as NEE delivered its 2024 Investor Conference today. Of note, the company extended its 6%-8% adjusted EPS... More
Lightshed Partners Upgrades Apple (AAPL) to Neutral, 'Can’t Disprove the Hype (Yet)'
June 11, 2024 3:34 PM EDTLightshed Partners analyst Walter Piecyk upgraded Apple (NASDAQ: AAPL) from Sell to Neutral.
The analyst comments "The pace at which companies have integrated AI into applications and devices has been impressive and only scratches the surface of what is possible. AI is... More
Wedbush Defending AppLovin Corp (APP): 'we see plenty of room for optimism going forward'
June 11, 2024 2:25 PM EDTWedbush analyst Nick McKay reiterated an Outperform rating and $100.00 price target on AppLovin Corp (NASDAQ: APP)
The analyst comments "We reached out to AppLovin Investor Relations for their take on the Apple news. According to IR, AppLovin hasnt seen anything materially... More
Stifel Reiterates Buy Rating on Rocket Lab USA (RKLB)
June 11, 2024 1:09 PM EDTStifel analyst Erik Rasmussen reiterated a Buy rating and $9.00 price target on Rocket Lab USA (NASDAQ: RKLB).
The analyst comments "Rocket Lab announced that it signed a non-binding preliminary memorandum of terms (PMT) with the Department of Commerce to receive up to... More
Apple (AAPL) presentation rhymes with previous milestone moments - DA Davidson
June 11, 2024 12:52 PM EDTDA Davidson upgraded shares of Apple (NASDAQ: AAPL) to Buy from Neutral, raising the price target to $230 in a note Tuesday following the company's WWDC event on Monday.
The firm cited the AI capabilities unveiled at the event as leading to an... More
Roth/MKM Reiterates Buy Rating on Rocket Lab USA (RKLB)
June 11, 2024 12:48 PM EDTRoth/MKM analyst Suji Desilva reiterated a Buy rating and $7.00 price target on Rocket Lab USA (NASDAQ: RKLB).
The analyst comments "RKLB announced a U.S. government chips act award in support of its spacegrade solar cell offering, which the government regards as... More
RBC Capital Reiterates Outperform Rating on General Motors (GM)
June 11, 2024 8:25 AM EDTRBC Capital analyst Joseph Spak reiterated an Outperform rating and $58.00 price target on General Motors (NYSE: GM).
The analyst comments "What Happened? GM this AM announced its board has approved a new $6B share repurchase authorization. Recall, this comes after it announced a $10B accelerated share repurchase in November 2023, while it still had $1.4B remaining in its prior plan. In Q1/24, the company bought back $300M in shares, and it expects to complete the remaining $1.1B of its prior plan before the end of Q2/24. Taking a step back, share repurchases totaled $2.5B in... More
