Trump: think Musk's party will help us
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StreetInsider.com Top Tickers, 6/11/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
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Wells Fargo Reiterates Underweight Rating on Tesla (TSLA)
July 10, 2025 6:43 AM UTCWells Fargo analyst Colin Langan reiterated an Underweight rating and $120.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "Fundamentals Remain Tough - Expect Q2 Miss We forecast Q2 EPS of $0.20 below consensus of $0.41, driven by lower EV credits & weaker Energy Gen margins. VA consensus forecasts EV credits of ~$650M, up from $595M in Q1 despite the end of CARB in late May. Also, VA consensus Eng Gen margins are 24%, down slightly from 29% despite China tariffs. Our auto GM ex EV credits of 13.3% is slight above VA consensus of 13% & up from 12.5%... More
