Shares of Microsoft Corp. retreated from record levels on Thursday when an analyst downgraded the shares despite Wall Street’s general agreement that the software giant was well diversified to handle the challenges posed by COVID-19. Microsoft MSFT, -4.12% Shares fell to an intraday low of $ 204.42 and last lost …
Read More »Tesla earnings drive bulls and bears to raise price targets
Wall Street turned more positive at Tesla Inc. on Thursday, a day after the Silicon Valley automaker reported another quarter of windfall profits and said it was on track to sell as many cars in 2020 as it expected despite the pandemic. of coronavirus. A lot of Wall Street analysts, …
Read More »Tesla stocks rise as generous earnings drive both bulls and bears to raise price targets
Shares of Tesla Inc. rose on Thursday after an explosive earnings report on Wednesday night, prompting large numbers of Wall Street analysts, both bulls and bears, to raise their stock price targets. However, the average target remained well below current prices, suggesting that most analysts believe the stock is overvalued. …
Read More »Coca-Cola profits are out of the way. Why an Analyst Says Buy Now
Text size Justin Sullivan / Getty Images Coca-Cola shares are rising early Wednesday morning, a day after launching better-than-expected earnings. The reason: An update from Morgan Stanley, which argues that stocks have become too cheap. Analyst Dara Mohsenian raised its rating on Coca-Cola (ticker: KO) shares to Equal Weight’s Overweight, …
Read More »Tesla’s earnings broke forecasts again. Hello, S&P 500.
Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
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