Tesla Stock Is Wobbling After BofA Downgrade. Why the Analyst Cut His Rating Now.
Tesla stock was falling in early trading Tuesday after eking out a gain on Monday as Wall Street tries to catch up with investors. Shares of the electric vehicle maker were down 0.5% at $409.00 in premarket trading Tuesday while S&P 500 and Dow Jones Industrial Average futures were edging up 0.
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.
Tesla Inc. stock falls Tuesday, underperforms market
Shares of Tesla Inc. slipped 4.06% to $394.36 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 1.89% to 19,489.68 and Dow Jones Industrial Average falling 0.
Why analysts are still bullish on Tesla stock despite its tumble from December highs
Tesla stock has hit a rough patch in recent weeks, but top analysts still see big gains ahead for the EV maker's stock this year.
Tesla Stock Is Falling After BofA Downgrade. Why the Analyst Cut His Rating Now.
BofA Securities analyst John Murphy downgraded shares of electric-vehicle maker Tesla to Hold, but his new target price implies about 17% upside.
Tesla faces more risk than its stock reflects, prompting a downgrade
Tesla Inc.’s stock slipped 0.9% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and energy storage,
Apple, Tesla downgraded: Wall Street’s top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors
Tesla Stock Falls Again. What to Know About Its Latest Drop.
Tesla stock was falling in premarket trading Wednesday after dropping in the previous session after the National Highway Traffic Safety Administration launched an investigation into a new feature on its vehicles.
Top analyst reworks Tesla stock price, rating with Q4 earnings on deck
Tesla shares have slowed their post-election rally and have underperformed the Nasdaq since the start of the year.
Stock market likely switching to ‘good news is bad news’ mode: BofA
BofA foresees a “solid” December jobs report, with the unemployment rate at 4.2% after nearly reaching 4.3% in November. BofA ...
Tesla (TSLA) drops after BofA downgrade, but bulls remain optimistic: what investors need to know
Tesla (TSLA) shares fell on Tuesday after a Bank of America analyst downgraded the stock from Hold to Buy. TSLA was trading 3 ...
Good news on the economy likely shifts to bad news from here, says BofA Global
The U.S. stock market is back to an uncomfortably familiar spot, with Wall Street no longer celebrating good news on the ...
The revival of America's manufacturing sector will be a major boost to the stock market, BofA strategist says
Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note ...
Why Advanced Micro Devices Stock Was Double-Downgraded
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete ...
Headline Risks Affecting Healthcare Tech & Distribution Sector Will Likely Continue in 2025: BofA Analyst
BofA sees 2025 challenges for healthcare tech and distributors but upgrades Cardinal Health and Henry Schein, highlighting ...
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S.
Why AppLovin Stock Is Plummeting Today
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 ...
bovnews10h
Marathon Petroleum Corp (MPC)’s Stock Surge: What You Need to Know
TD Cowen has recently reiterated Marathon Petroleum Corp (MPC) stock to Buy rating, as announced on December 10, 2024, according to Finviz. Earlier, on November 6, 2024, TD Cowen had reiterated the ...