News Formal

Tesla, GE and Uber make list of the most divisive stocks on Wall Street

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The stocks that deeply divide Wall Street analyst opinions — led by Tesla.

J.P. Morgan, on the other hand, staunchly remains the biggest GE bear. Since warning investors of GE's stock plunge three years ago the firm has been Wall Street's sharpest critic of GE, and currently has a $5 price target. J.P. Morgan said in a recent note that it does not believe that GE's "management has set a bottom" for the performance of its businesses, adding that "GE is missing guidance on core business EBIT that was set in March.

But Societe Generale thinks Facebook's stock is headed for a sharp drop. The firm sees Facebook's recent success as just cresting "already high" expectations, saying the company must now address "a tornado of privacy, security and regulatory issues." Societe Generale sees Facebook's stock falling to $120 a share in the coming months, a 40% drop from its current price near $200.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks open slightly lower on Wall Street\r\nOn a shortened trading day, retailers are mixed as shoppers hunt for Black Friday bargains. Tech and healthcare slip.
Källa: latimes - 🏆 11. / 82 Läs mer »