Midday movers: Broadcom, Tesla rise; MicroStrategy falls

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Deutsche Bank Reiterates Buy Rating on GE Aerospace (GE)

June 17, 2024 6:16 AM UTC

Deutsche Bank analyst Scott Deuschle reiterated a Buy rating and $209.00 price target on GE Aerospace (NYSE: GE)

The analyst comments "We are raising our 2Q EBIT/EPS estimates by 2%/3%, respectively, and lowering our 2Q revenue forecast by 3%. Our lower 2Q revenue forecast... More

Morgan Stanley on Tesla (TSLA): 'He’s back'

June 14, 2024 6:49 AM UTC

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Hes back. Tesla investors can now expect Elon Musk to remain CEO of the company. We expect he will be present on the 2Q conference call and that Tesla will go forward with hosting a robotaxi event in Austin on... More

Morgan Stanley Comments on Elon Musk Tweet Re: Tesla (TSLA) Vote

June 13, 2024 11:52 AM UTC

Morgan 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

Broadcom Limited (AVGO) PT Raised to $1,900 at Deutsche Bank

June 13, 2024 10:56 AM UTC

Deutsche Bank analyst Ross Seymore raised the price target on Broadcom Limited (NASDAQ: AVGO) to $1,900.00 (from $1,500.00) while maintaining a Buy rating.

The analyst comments "AVGO delivered a solid top-line F2Q24 beat vs. DBe (~$12.5B vs. ~$11.7B), powered by another quarter of outperformance in AI (DBe +35% q/q with... More