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 ...
BofA analyst Curtis Nagle moved to No Rating on Shutterstock (SSTK) after the company and Getty Images (GETY) entered into a definitive merger ...
The U.S. stock market is back to an uncomfortably familiar spot, with Wall Street no longer celebrating good news on the ...
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 ...
The U.S.’s oldest bank beat Bank of America to a $25-per-hour pay floor – and is touting its rank-and-file stock offerings ...
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S.
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 ...
This high level of free cash flow generation creates ample room for shareholder returns. BofA Securities expects Airbus to ...
Tesla stock was edging up in premarket trading Wednesday having dropped in the previous session after the National Highway ...
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