As Tesla Inc. shares were down 7% premarket Thursday in the wake of earnings, numerous analysts saw silver linings.
Narayan reiterated his outperform rating on Tesla shares, even as he acknowledged that consensus expectations for 2024 deliveries could come down before the next report. He cut his price target on the stock to $301 from $305. Potter added that he was “encouraged” by the margins for Tesla’s energy business. “As profit from Energy grows, investors may stop focusing so heavily on the car business,” he noted.
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Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports roseShares have tumbled in Asia following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks. Worries about war in the Middle East also have been dragging on markets. Benchmarks in Hong Kong, Tokyo and Seoul fell about 2%.
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Stock market today: World shares follow Wall Street lowerWorld shares have tumbled following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks.
Sumber: wjxt4 - 🏆 246. / 63 Baca lebih lajut »
Stock market today: World shares follow Wall Street lowerWorld shares have tumbled following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury yields added pressure on stocks.
Sumber: ksatnews - 🏆 442. / 53 Baca lebih lajut »