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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPricing is one of the biggest reasons behind EV slowdowns, says RBC's Tom NarayanTom Narayan, RBC Capital global autos analyst, joins ‘Money Movers’ to discuss why he believes the EV demand will reignite, his take on hybrid vehicles, and more.
Persons: Tom Narayan Tom Narayan, Organizations: EV slowdowns, RBC Capital
Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Deckers as overweight Piper said it's bullish on the company's Hoka shoe brand. Bernstein reiterates Tesla as underperform Bernstein said it's concerned about China competition for Tesla. Mizuho reiterates Rivian as buy Mizuho said Rivian is best positioned with China concerns and potential EV slowdowns globally. Morgan Stanley reiterates Tesla as overweight Morgan Stanley lowered its price target on Tesla to $330 per share from $350 and said it's changing estimates to account for "unexpected headwinds." JPMorgan reiterates Apple as outperform JPMorgan said it has "resilient expectations" heading into Apple earnings later this week.
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