Morgan Stanley Upgrades General Motors (GM) to Equalweight
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CFRA Downgrades General Motors (GM) to Sell
December 11, 2024 1:00 PM ESTCFRA analyst Garrett Nelson downgraded General Motors (NYSE: GM) from Hold to Sell with a price target of $45.00 (from $50.00).
The analyst comments "We lower our 12-month target by $5 to $45, based on a 2025 P/E of 4.5x, a steep but justified discount to historic averages. Last night, GM... More
Tesla (TSLA) PT Raised to $365 at Cantor Fitzgerald, 'Becoming More Bullish on Robotaxis'
December 10, 2024 6:35 AM ESTCantor Fitzgerald analyst Andres Sheppard raised the price target on Tesla (NASDAQ: TSLA) to $365.00 (from $255.00) while maintaining a Neutral rating.
The analyst comments "We are Increasing our Price Target on Tesla to $365 (from prior $255) as we Become More Bullish on Robotaxi and SelfDriving. However, We Remain Neutral on Valuation, and Await a Better Entry Point - Our Take. We are becoming more bullish on Tesla's Robotaxi segment, following President-elect Trump's plans to potentially develop a federal framework for self-driving vehicles in the United States, and an update to the company's FSD software. If framework... More
Tesla (TSLA) PT Raised to $400 at Morgan Stanley, Top Pick
December 10, 2024 6:09 AM ESTMorgan Stanley analyst Adam Jonas raised the price target on Tesla (NASDAQ: TSLA) to $400.00 (from $310.00) while maintaining a Overweight rating.
The analyst comments "Policy changes present near-term headwinds to US EV sales but must not cede autonomous leadership to geopolitical... More
