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Morgan Stanley cut its price target on Tesla after trimming its profitability forecasts. The analyst has a price target of $500, which implies upside of more than 20% over the next 12 months. — Hakyung Kim 6:51 a.m.: JPMorgan raises CrowdStrike price target after earnings beat CrowdStrike is managing to grow quickly while delivering strong results, says JPMorgan. The bank upgraded the retailer to buy from hold, increasing its price target to $195 from $140. — Fred Imbert 5:40 a.m.: Morgan Stanley cuts Tesla price target 2024 will be for electric vehicles, said Morgan Stanley's Adam Jonas, who warns that Tesla could lose money this year.
Persons: Morgan Stanley, Wells, Andrew Nowinski, MongoDB, Hakyung Kim, CrowdStrike, Brian Essex, Essex, — Hakyung Kim, UnitedHealth, Andrew Mok, Mok, Berenberg, Philip Buller, Buller, Bob Jian Huang, Huang, Daniela Bretthauer, Krisztina Katai, — Fred Imbert, Morgan Stanley's Adam Jonas, Tesla, Jonas Organizations: CNBC, HSBC, Target, JPMorgan, Barclays, Medicare, Honeywell, Berenberg, Morgan Stanley Insurance, Progressive, Target . Deutsche Bank Locations: Andrew Mok ., Honeywell's, U.S, Tuesday's
Morgan Stanley has a price target of 22 euros a share. The investment bank has an "underperform" rating – equivalent to "sell" at other banks – on the stock with a price target of 16 euros a share. Deutsche Bank has a "buy" rating on Siemens stock with a 185 euros 12-month price target, giving it a 26% upside from the current share price. They expect the results will be "well received" and see Siemens stock as "the most mispriced largecap equity in our coverage." Berenberg's Philip Buller and Philip Modu have a price target of 170 euros a share, which is 16% above the current share price.
Persons: HelloFresh, , Jefferies Jefferies, Jefferies, Morgan Stanley Morgan Stanley, Luke Holbrook, Morgan Stanley, Bernstein, William Woods, Supriya Subramanian, Berenberg, Berenberg's Philip Buller, Philip Modu, — CNBC's Michael Bloom Organizations: Siemens, Wall Street Bank, Deutsche Bank, UBS UBS Locations: Arizona, Swiss
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