-
Tesla's Executive Turnover Doesn't Rattle This Bullish Analyst
Monday, September 10, 2018 - 9:54am | 443Tesla Inc (NASDAQ: TSLA) plunged more than 6 percent Friday on the announced departures of its chief accounting officer and head of human resources. Despite anticipated overhang from the firm’s high rate of executive turnover, one analyst regards the phenomenon positively. The Analyst ...
-
Baird Defends First Solar As 'Fresh Pick,' Finds Comfort In Revenue Visibility
Monday, June 11, 2018 - 1:49pm | 374First Solar, Inc. (NASDAQ: FSLR) shares have made a steep, 22-percent slide since the start of the month as negative policy plays out in China. Multiple analysts have jumped ship, but Baird Equity Research intends to ride it out. The Rating Analyst Ben Kallo maintained an Outperform on...
-
Baird Still Buying Tesla After Shareholder Meeting, Calls Energy Opportunity Underappreciated
Wednesday, June 6, 2018 - 1:03pm | 355Tesla Inc (NASDAQ: TSLA) bolstered Baird’s bullishness during a Tuesday shareholder meeting by affirming its pace to meet Model 3 production milestones this quarter and become cash-flow and GAAP net income positive in the back half of the year. The Rating Baird Equity Research analysts Ben...
-
Baird Upgrades Cabot Corp.: 'We Believe Valuation Remains Attractive'
Wednesday, May 9, 2018 - 2:32pm | 360Cabot Corp (NYSE: CBT) is likely to benefit from favorable market conditions, according to Baird. The Analyst Analyst Ben Kallo upgraded Cabot from Neutral to Outperform and increased the price target from $67 to $72. The Thesis The recent tailwinds in the carbon black market —...
-
A Model 3 Miss, Capital Questions And Factory Shutdowns: What Wall Street Says About Tesla's Q1 Deliveries
Wednesday, April 4, 2018 - 3:58pm | 960Despite missing Street delivery estimates and exceeding production expectations, Tesla Inc (NASDAQ: TSLA) reiterated annual guidance on Model S and X deliveries and a second-quarter production target of 5,000 Model 3s per week. Not only that, but Tesla said it could achieve its goals without a...
-
The Early Reaction To Tesla's Q1 Production Numbers
Tuesday, April 3, 2018 - 3:28pm | 639Tesla Inc (NASDAQ: TSLA) peaked 7.2 percent higher Tuesday after posting first-quarter figures in Model 3 deliveries, production and production rate. Here is early analysis of the report. The Miss Wasn’t That Bad The firm closed the quarter producing 2,020 Model 3s per week against guidance...
-
Tesla Should Exceed Low Production Bar; Analyst Says Buy On Pessimism
Monday, March 26, 2018 - 12:04pm | 327Tesla Inc (NASDAQ: TSLA) is down 15.6 percent month-over-month as investors brace for poor Model 3 rollout rates. But some analysts expect a trouncing of low expectations. The Rating Baird Equity Research analysts Ben Kallo and David Katter maintained an Outperform rating on Tesla with a $411...
-
Wall Street Analysts Reflect On Tesla's Q4 Earnings
Thursday, February 8, 2018 - 2:58pm | 953Tesla Inc (NASDAQ: TSLA) posted marginal top- and bottom-line beats in its Wednesday earnings report, and traders retreated Thursday with a 5-percent pullback. Analysts reflected on the quarter with similar ambivalence. The Cash Situation Nomura analyst Romit Shah considered the report decidedly...
-
What To Make Of The Market Sell-Off: Yields, Value Plays, And Volatility
Tuesday, February 6, 2018 - 1:07pm | 744The market’s historic sell-off on Monday certainly got the attention of investors. It also got the attention of market experts and analysts, many of whom took the opportunity to weigh in on what the sell-off means and how traders should react. Here’s a rundown of what Wall Street had to...
-
Tesla's New Compensation Pushes Elon Musk To Focus On Profitability, Baird Says
Wednesday, January 24, 2018 - 1:21pm | 459Tesla Inc (NASDAQ: TSLA) skeptics have long anticipated the defection of CEO Elon Musk to the peripheral ventures of SpaceX and The Boring Company. Musk’s departure, they’ve said, would derail Tesla's leader-centric story. But the auto and electric power company challenged the bear...
-
Baird: Albermarle Is The Best Lithium Cycle Play
Monday, January 8, 2018 - 12:24pm | 419A Baird analyst said he's a buyer of Albemarle Corporation (NYSE: ALB) at current levels, with several impending catalysts offering a reason to look at the chemical manufacturer. The Analyst Baird analyst Ben Kallo upgraded Albemarle from Neutral to Outperform and increased the...
-
Looking On The Bright Side: Baird Upgrades SunPower
Monday, December 11, 2017 - 2:35pm | 438Premised on a continued improvement in sentiment, Baird upgraded shares of SunPower Corporation (NASDAQ: SPWR) The Analyst Baird analyst Ben Kallo upgrades shares of SunPower from Neutral to Outperform and upped his price target from $7 to $10. The Thesis Sentiment toward SunPower stock should...
-
Baird Names First Solar Its Top Sector Pick
Monday, December 11, 2017 - 1:20pm | 422First Solar, Inc. (NASDAQ: FSLR) has won a top-notch rating from Baird. The Analyst Baird analyst Ben Kallo upgraded shares of First Solar from Neutral to Outperform and increased the price target from $69 to $82. The Thesis Analyst Kallo said First Solar is his favorite solar name...
-
Wary Of What Tesla's Q3 Will Hold, This Analyst Says Buy On Any Weakness
Wednesday, October 25, 2017 - 4:50pm | 440Ahead of Tesla Inc (NASDAQ: TSLA)'s third-quarter results, Baird analyst Ben Kallo said he'd buy the shares on any weakness. Though cautious into the quarter, Baird remains a long-term buyer, Kallo said in a Wednesday note. Tesla is scheduled to release its results after the...
-
How The Experts Reacted To Tesla's Q3 Deliveries
Tuesday, October 3, 2017 - 3:41pm | 709Tesla Inc (NYSE: TSLA) falling short of its production goals in the third quarter has Wall Street analysts weighing in on the company's "production bottlenecks." In the third quarter, Tesla produced 260 Model 3 vehicles and delivered just 220, against its Aug. 2 forecast of over 1,500 units....