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Tesla Stock Is Wobbling
Tesla (TSLA) drops after BofA downgrade, but bulls remain optimistic: what investors need to know
Tesla (TSLA) shares fell on Tuesday after a Bank of America analyst downgraded the stock from Hold to Buy. TSLA was trading 3.91% lower at 12:26 pm after showing some erratic behavior in early trading.
Tesla Stock Is Wobbling After BofA Downgrade. Why the Analyst Cut His Rating Now.
BofA Securities analyst John Murphy downgraded shares of electric-vehicle maker Tesla to Hold, but his new target price implies about 17% upside.
Tesla Shares Dip 1.8% as BofA Downgrades Stock
This downgrade contrasts with recent upgrades by other analysts. On Monday, New Street Research analyst Pierre Ferragu upgraded Tesla to 'Buy' from 'Hold,' raising the price target to $460 from $240. Ferragu pointed to expected growth in Tesla's lower-cost models and advancements in AI-driven autonomous technology as key growth drivers.
Why analysts are still bullish on Tesla stock despite its tumble from December highs
Tesla stock has hit a rough patch in recent weeks, but top analysts still see big gains ahead for the EV maker's stock this year.
2d
on MSN
Stock market likely switching to ‘good news is bad news’ mode: BofA
BofA foresees a “solid” December jobs report, with the unemployment rate at 4.2% after nearly reaching 4.3% in November. BofA ...
Hosted on MSN
2d
Tesla Stock Falls Pre-Market On BofA Downgrade And NHTSA Probe: Retail Chatter Spikes
Tesla, Inc. (TSLA) shares slipped over 1.5% in premarket trading on Tuesday following a bearish call on Wall Street and news ...
2d
Good news on the economy likely shifts to bad news from here, says BofA Global
The U.S. stock market is back to an uncomfortably familiar spot, with Wall Street no longer celebrating good news on the ...
1d
on MSN
Why Advanced Micro Devices Stock Was Double-Downgraded
HSBC lowered its rating on Advanced Micro Devices stock amid several concerns including the chipmaker's ability to compete ...
6d
on MSN
The revival of America's manufacturing sector will be a major boost to the stock market, BofA strategist says
Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note ...
2d
Headline Risks Affecting Healthcare Tech & Distribution Sector Will Likely Continue in 2025: BofA Analyst
BofA sees 2025 challenges for healthcare tech and distributors but upgrades Cardinal Health and Henry Schein, highlighting ...
1d
on MSN
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S.
2d
on MSN
Why AppLovin Stock Is Plummeting Today
In addition to bearish momentum for the broader market, AppLovin is seeing a pullback in conjunction with new coverage from Bank of America. The investment giant's lead analyst on the stock suggested ...
2d
on MSN
Tesla Slides as Regulators Investigate Crashes, Bank of America Downgrades Stock
Key Takeaways NHTSA opened an investigation into Tesla's Smart Summon and Actually Smart Summon features, which allow users ...
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