Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Goldman Sachs downgrades Tesla"


2 mentions found


Here are Monday's biggest calls on Wall Street: Bank of America upgrades Alliant to buy from neutral Bank of America said shares of the Wisconsin and Iowa energy company are attractive. UBS upgrades Moderna to buy from neutral UBS said the biotech company's pipeline is underappreciated. UBS downgrades Alphabet to neutral from buy UBS said it sees "near-term monetization risk" for the tech giant. Bank of America reiterates Paramount Global as buy Bank of America said the media company is "unique." Loop reiterates Disney as buy Loop said it's standing by its buy rating on the entertainment and parks giant.
Persons: LNT, Goldman Sachs downgrades Tesla, Goldman, Morgan Stanley, TD Cowen, Coinbase, underperform TD Cowen, Wells, Brinker, Williams, Tesla, Bernstein, Uber, Davidson, Roth, Roth MKM, Piper Sandler, Lululemon, Piper, LULU Organizations: Bank of America, of America, UBS, Moderna, Walmart, Amazon Prime, BTC, BMO, Sherwin, Deutsche Bank, Deutsche, Citi, Boeing, WSFS Financial Corporation, Networks, TAM, Meta, Paramount Global, Brunswick Locations: Wisconsin, Iowa, China
Tesla's massive run-up is likely over for now, according to Goldman Sachs. Goldman did raise its price target to $248 from $185, but the new forecast still represents 3.4% downside from Friday's close. Delaney added that Tesla stock will still remain strong as the overall EV market continues to grow. Goldman now joins other major Wall Street shops including Morgan Stanley and Barclays in downgrading Tesla stock over the past week. TSLA YTD mountain Tesla stock has climbed more than 108% this year.
Persons: Goldman Sachs, Goldman, Mark Delaney, Delaney, Morgan Stanley, — CNBC's Michael Bloom Organizations: Tesla, Ford, Barclays
Total: 2