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Gary Black's Tesla Prediction Holds Up: Stock Recovers As Musk-Trump Feud Fades, Robotaxi Launch Looms
Monday, June 9, 2025 - 10:55pm | 845Shares of Tesla Inc. (NASDAQ:TSLA) recovered on Monday following a roller-coaster week involving feuds between President Donald Trump and the company’s CEO, Elon Musk, and this one prominent investor saw it all coming. What Happened: On Monday, Gary Black, the managing partner at Future Fund...
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Tesla Stock To Rally 33%? Analyst Expects EV Giant's Growth To Reaccelerate In 2024 Thanks To This 'Significant Competitive Advantage'
Sunday, January 7, 2024 - 9:11am | 615Tesla, Inc. (NASDAQ:TSLA) shares have been languishing since the company released its third-quarter earnings report in mid-October. The stock did not budge despite the electric vehicle maker reporting above-consensus deliveries report last week. Still, an analyst on Friday doubled down on his...
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Argus Downgrades Tesla On Coronavirus Impact, Slashes 2020 Delivery Forecast By 19%
Tuesday, March 24, 2020 - 12:41pm | 486The coronavirus pandemic is going to hurt Tesla Inc (NASDAQ: TSLA)'s prospects in 2020, according to Argus. The Tesla Analyst Bill Selesky downgraded Tesla from Buy to Hold. The Tesla Thesis Tesla's vehicle deliveries will be negatively impacted by the pandemic in 2020, Selesky...
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Tesla's Stock Gets Another New Street-High Price Target
Monday, February 3, 2020 - 10:55am | 429Tesla Inc (NASDAQ: TSLA) shares are up again on Monday after one analyst gave Tesla its highest Wall Street price target yet. The Tesla Analyst Argus analyst Bill Selesky reiterated his Buy rating for Tesla and raised his price target from $556 to $808. The Tesla Thesis Selesky is forecasting...
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Rising Oil Prices, Apache Corp.'s Increased Permian Investment Turns Argus Bullish
Monday, June 11, 2018 - 2:37pm | 366The WTI grade of crude oil has gained about 8.5 percent year-to-date and is at $65-plus per barrel. Oil breached the $70-a-barrel level in May, although it has pulled back since then. An Argus analyst said rising oil prices will work in favor of oil and gas exploration and production company...
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Argus Downgrades Monsanto After DOJ Blesses Bayer Merger
Monday, April 16, 2018 - 10:45am | 363The U.S. Department of Justice's move to approve German pharma company Bayer AG's acquisition of U.S.-based Monsanto Company (NYSE: MON) prompted at least one Wall Street analyst to turn bearish on the stock. The Analyst Argus' Bill Selesky downgraded Monsanto's stock rating...
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Argus: Kinder Morgan Has 25% Upside Potential
Monday, January 29, 2018 - 10:34am | 308Energy infrastructure company Kinder Morgan Inc (NYSE: KMI) shares had a lean run for much of 2017, and the stock is down over 15 percent over the past year. The Analyst Argus analyst Bill Selesky upgraded shares of Kinder Morgan from Hold to Buy with a $23 price target. The Thesis Kinder...
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Betting On An Oil Rally? Argus Says To Look At HollyFrontier
Monday, November 20, 2017 - 6:02pm | 338If oil prices stabilize in 2018, investors may find themselves eyeing refinery companies. This potential move has HollyFrontier Corp (NYSE: HFC) on Argus Research's radar. The Analyst Argus Research Company's Bill Selesky upgraded HollyFrontier's stock rating from Hold...
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Analysis: Praxair Stock Could Still Gain Another 18%
Monday, November 13, 2017 - 12:12pm | 314Industrial gas supplier Praxair, Inc. (NYSE: PX) could be a beneficiary of an improvement in economic fundamentals. The Analyst Argus analyst Bill Selesky upgraded shares of Praxair from Hold to Buy and set a price target of $171, which represents 18 percent appreciation from current prices,...
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DowDuPont's Guidance Looks Conservative And Could Be Raised Soon
Tuesday, September 19, 2017 - 11:01am | 353Initiating coverage of DowDuPont Inc (NYSE: DWDP), Argus said in a note Tuesday it believes the management guidance for $3 billion in cost synergies and $1 billion in growth synergies over the next 18 months are conservative. Therefore, the firm expects these two metrics to be raised going...
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Argus Initiates Baker Hughes At Buy, Sees 32% Upside From Here
Monday, August 21, 2017 - 10:40am | 390The new Baker Hughes, a GE company Class A (NYSE: BHGE) is off to a bumpy start. The company, a union between oil services giant Baker Hughes and the oil & gas division of General Electric Company (NYSE: GE), has struggled since it began trading under its new ticker earlier this summer. However...
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Analyst Upgrades Tesla To Buy On Robust Model 3 Demand
Tuesday, August 8, 2017 - 9:57am | 462Sometimes it’s better to be late to the game than never show up at all. After Tesla Inc (NASDAQ: TSLA) shares have surged 73.5 percent so far in 2017, Argus analyst Bill Selesky stepped in Tuesday and said now is the time to buy the stock. According to Selesky, it’s Tesla’s robust...
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Look For PPG Industries To Benefit As Europe Economy Improves
Wednesday, July 5, 2017 - 12:10pm | 332PPG Industries, Inc. (NYSE: PPG) boasts an impressive scale, product diversity and geographic mix which sets the specialty chemical company apart from its peers, according to analysts at Argus. Argus' Bill Selesky upgraded PPG's stock from Hold to Buy with a newly established price target...
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Tesla's Rising Costs Mean More Shareholder Dilution Ahead
Thursday, May 11, 2017 - 9:55am | 351With all eyes on the upcoming rollout of the Model 3 starting this summer, Tesla Inc (NASDAQ: TSLA) shareholders aren’t too concerned about the company’s rising expenses. According to Argus analyst Bill Selesky, they definitely should be. Tesla’s first-quarter expenses resulted in...
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Tesla Semi Truck Announcement Could Signal Future Emphasis On Public Transportation
Wednesday, April 19, 2017 - 2:17pm | 269Last week, a day after Tesla Inc (NASDAQ: TSLA) shares dipped below $300, CEO Elon Musk tweeted a timeline for electric semi trucks and pickups. Traders jumped on the stock, and at least one research firm downgraded truck competitors. Argus analyst Bill Selesky told Benzinga the vehicle isn't...