Analysts around the Street reacted to Tesla's latest quarterly results. While shares rallied on the back on the report, many of those covering the EV maker remained skeptical on the company's prospects going forward. Elsewhere, Mizuho upgraded Airbnb to buy. Check out the latest calls and chatter below. All times ET. 6:04 a.m.: Citi raises price target on Amazon Amazon is becoming a more profitable organization, according to Citi.
mountain TSLA year to date Goldman is sticking with its neutral rating on the stock due to ongoing questions and concerns around vehicle volumes, robotaxi outlook and concerns surrounding competition and demand. Its $175 price target suggests 21% upside from Tuesday's close. UBS is also staying on the sidelines. Analyst Joseph Spak reiterated his neutral rating while notching down his price target to $147 from $160. Spak believes near-term visibility is cloudy due to its pivot to AI.
mountain ABNB year to date Lee cited three drivers for the upgrade. First, "we expect the potential launch of sponsored listings to generate double-digit EBITDA upside long-term; We believe FY24E consensus room night growth has been de-risked, leaving limited downside concerns; We see opportunities to beat room night growth with incremental demand from Summer Olympics and share gains from elevated hotel pricing.