bull on Wall Street. Jed Dorsheimer, an analyst at Canaccord Genuity, raised his price target to $515 from $375 Thursday, saying that electric vehicles will "only accelerate in 2020."
It's now the highest price target for the automaker from a major brokerage, and falls just short of the street-high price of $530 from Pierre Ferragu at New Street Research. Dorsheimer maintained his "buy" rating on Tesla. "While bears have feared demand issues as a function of tax credit expiration for Tesla, we suspect a solid Q4 combined with the robust Q3 should put these fears to rest," Dorsheimer wrote.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retirement saving to be harder in 2020, advice from BlackRock's Rieder - Business InsiderBlackRock's $1.7 trillion bond chief explains why it's about to become much harder to save for retirement — and shares his best advice for doing it successfully Well, apparently both North Korea and Russia are going to kill us with nuclear bombs (so they say). So do I have to save for retirement or not? Many people’s retirement ”plan” is suicide. The current math doesn't work out. Are they going to help or just exploit the desperate?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why tech companies are updating their privacy policy in time for 2020 - Business InsiderHere's why Facebook, Google, and every other major tech company are updating their privacy policy in time for 2020, and what it means for you Deleting whats app in 2020. Im using Signal signal messenger. No thank you, mark.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Money decisions you can feel good about going into 2020 - Business InsiderIt's common to overspend and overindulge during the holidays, but there's still time to get back on track with good money decisions.
Source: BusinessInsider - 🏆 729. / 51 Read more »
9 hiring trends to look out for in 2020, according to workplace experts - Business InsiderCandidates will be looking for great benefits, like insurance and flexible work perks. And recruiting technology will continue to play a bigger role.
Source: BusinessInsider - 🏆 729. / 51 Read more »