Tesla Shares Dip 1.8% as BofA Downgrades Stock
This downgrade contrasts with recent upgrades by other analysts. On Monday, New Street Research analyst Pierre Ferragu upgraded Tesla to 'Buy' from 'Hold,' raising the price target to $460 from $240. Ferragu pointed to expected growth in Tesla's lower-cost models and advancements in AI-driven autonomous technology as key growth drivers.
BofA foresees a “solid” December jobs report, with the unemployment rate at 4.2% after nearly reaching 4.3% in November. BofA ...
The U.S. stock market is back to an uncomfortably familiar spot, with Wall Street no longer celebrating good news on the ...
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Tesla Stock Falls Pre-Market On BofA Downgrade And NHTSA Probe: Retail Chatter SpikesTesla, Inc. (TSLA) shares slipped over 1.5% in premarket trading on Tuesday following a bearish call on Wall Street and news ...
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete ...
Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note ...
Tesla (TSLA) shares are under pressure after Bank of America analysts downgraded the stock to Neutral from Buy, citing ...
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S.
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BofA Securities analyst John Murphy downgraded Tesla to Hold from Buy, citing that much of Tesla’s growth potential, ...
In addition to bearish momentum for the broader market, AppLovin is seeing a pullback in conjunction with new coverage from Bank of America. The investment giant's lead analyst on the stock suggested ...
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