But Mizuho expects things will play out differently, and instead raises its price target on the electric vehicle maker, citing challenges with its robotaxis.
Morgan Stanley stands by Starbucks, keeping it at an overweight, but lowering its price target.
Fong's $155 price target suggests shares can jump another 19.3% over Thursday's closing level, building on a year of monster gains.
Analyst Doug Anmuth hiked the mega-cap technology stock's price target by $100 to $750, now implying 14.9% upside from Thursday's close.
While he upped his price target by $50 to $197, that fresh target reflects a drop of 18.3%.
Persons:
Morgan Stanley, Cody Acree, Acree, — Alex Harring, Jon Tower, Chipotle, Alex Harring, BTIG, Marvin Fong, Fong, Carvana, CarMax, Doug Anmuth, Anmuth, Anmuth's, that's, he's, Christina Cheddar Berk, Vijay Rakesh, Rakesh, Joseph Spak, Spak
Organizations:
CNBC, UBS, Starbucks, JPMorgan, Netflix, Nvidia, Citi, Harbour, Tesla, robotaxis, Bloomberg
Locations:
Thursday's, premarket, China