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

Search resuls for: "Adrian Yanoshik"


4 mentions found


General Motors is buying back a ton of stock; Ford, so far, not so much. Before the buyback disclosure late this year, Ford had been down 10%, which was less than GM's 14% decline. In 2023, Ford spent $5.33 billion on dividends and stock repurchases, with only 6.3% of that total on buybacks. In guidance alongside Q4 numbers, Ford said it expects warranty costs for full-year 2024 to be flat year over year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Ford, Jim Cramer, General Motors, Adrian Yanoshik, Jim, Morgan Stanley, Adam Jonas, Jonas, BEV, John Lawler, Redburn's Yanoshik, Jim Cramer's, Paul Hennessy, LightRocket Organizations: General Motors, Ford, GM, CNBC, General, United Auto Workers, Capital, Renaissance, Getty
Tesla may be stuck in "production purgatory" that could pressure the stock, according to Redburn Atlantic. The firm initiated coverage of the Elon Musk's EV maker on Wednesday with a sell rating and a $170 per share price target. EV sales began slowing in 2023 as consumers and businesses signaled caution toward going fully electric. The companies that will benefit most in the new EV landscape, the analyst added, will "iterate best-in-class EV platforms and scale desirable models to support high utilization at lower unit costs." Analysts polled by FactSet forecast 73 cents per share in earnings on revenue of $25.6 billion.
Persons: Adrian Yanoshik, Tesla, Yanoshik, Hertz Organizations: Elon Musk's, EV, Apple, Nvidia, Wall Street, FactSet
Investors should hold off on buying more Tesla shares after their recent run-up, Berenberg said. Analyst Adrian Yanoshik downgraded Tesla to hold from buy, saying the electric vehicle stock has less upside from here. "Tactical price changes reflect cost-leadership strategy: Tesla's new plants offer multi-year opportunity in capital and labour efficiency," Yanoshik wrote to clients on Tuesday. Even so, the analyst said he prefers other automakers in his coverage, as the valuation now "leaves less room for disappointment. His $210 price target implies shares could rise about 11% from Tuesday's closing price.
Tesla is a beaten-down stock worth buying now following price cuts, according to Berenberg. Yanoshik lowered his price target by $55 to $200, which still implies a 12.4% upside from where the stock closed Friday. He lowered his earnings estimate by around 25% for 2023 following price cuts for its electric vehicles . "We believe that Tesla's price cuts reflect its cost leadership strategy," Yanoshik said in a note to clients. Looking ahead, he said the company has guided for a strong outlook, with strong order intake expected following the price cuts.
Total: 4