[ad_1] Wall Street analysts were divided on electric vehicle maker Tesla after it posted its latest production and delivery numbers. Shares of Tesla were down 4.3% in Monday premarket trading after the company posted third-quarter vehicle production and delivery figures for 2022 that missed on deliveries expectations. Tesla reported deliveries …
Read More »Why some analysts think investors should buy Nike after its latest earnings report
[ad_1] Nike shares are trading at an attractive entry point even as the sportswear giant faces a slew of macro headwinds and extra inventory, some Wall Street analysts say. Nike on Thursday shared results after the bell that beat top and bottom line estimates , but the stock slumped more …
Read More »Goldman upgrades Estee Lauder, says investors are underappreciating path to ‘robust’ sales growth
[ad_1] It’s time to load up on Estee Lauder shares, according to Goldman Sachs. Analyst Jason English upgraded the cosmetic company to buy from neutral, saying it is a stronger company emerging from the pandemic with a “pathway for robust sales growth acceleration.” The analyst also hiked his price target …
Read More »Deutsche Bank downgrades data storage company Western Digital
[ad_1] It’s time to move to the sidelines on Western Digital , according to Deutsche Bank. Analyst Sidney Ho downgraded shares to hold from buy, citing weak demand ahead. The analyst also lowered her price target on the stock to $40 from $56. The new target implies upside of roughly …
Read More »Oppenheimer upgrades Netflix, says new ad tier can boost growth
[ad_1] Netflix ‘s new ad-supported subscriber can give the stock a much-needed boost, according to Oppenheimer. Analyst Jason Helfstein assumed coverage of Netflix and upgraded the stock to outperform, saying that the results of its recent consumer survey suggested further growth in the streaming giant when it launches its advertising …
Read More »Morgan Stanley downgrades payments company NCR, says investors need clarity after split announcement
[ad_1] Investors should stay on the sidelines for now when it comes to payments company NCR , according to Morgan Stanley. Analyst Erik Woodring downgraded NCR to equal weight from overweight, saying the path to unlocking shareholder value is “less clear and longer tailed” after the company said it would …
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