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Tesla Falls After Goldman Sachs Cuts Price Target
Thursday, June 20, 2019 - 2:33pm | 242Tesla Inc (NASDAQ: TSLA) shares fell Thursday after Goldman Sachs cut its price target from $200 to $158. Sustainable demand was at the top of Goldman's concerns. “We believe that is the largest question for investors to underwrite at this point — what are sustainable demand levels...
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Camping World Downgraded By Goldman Sachs, Fear Of RV Industry Slowdown Persists
Tuesday, March 19, 2019 - 12:52pm | 384Camping World Holdings Inc (NYSE: CWH) was hit with a sell-side downgrade and price target cut Tuesday as fears of the RV industry slowing is weighing on shares. The Analyst Goldman Sachs analyst David Tamberrino downgraded the company from Buy to Neutral and lowered the price...
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Tesla Has A Demand Problem, According To These Analysts
Tuesday, January 22, 2019 - 2:07pm | 615The rough start to 2019 for Tesla Inc (NASDAQ: TSLA) and its investors continued Tuesday, with the stock once again dropping below $300. Last week, the automaker announced it will cut 7 percent of its workforce as it attempts to ramp up Model 3 production ahead of a major debt deadline in...
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Analysts Tackle Tesla Price Cut, Demand Concerns
Thursday, January 3, 2019 - 3:50pm | 582Tesla, Inc. (NASDAQ: TSLA) was off to a horrible start to 2019 on Wednesday after the company reported a fourth-quarter deliveries miss that sent the stock tumbling. Tesla shares were down again Thursday, and several additional Wall Street analysts have weighed in on what Tesla’s...
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Goldman Sachs Still Bearish On Tesla Ahead Of Tax Credit Cut
Tuesday, December 18, 2018 - 1:07pm | 366Tesla, Inc. (NASDAQ: TSLA) has had a love-hate relationship with Wall Street in recent years. Since the company’s impressive third-quarter earnings report, commentary has been mostly bullish, but one analyst reiterated his bearish outlook for Tesla. The Analyst Goldman Sachs analyst David...
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4 Reasons Why Goldman Sachs Downgraded Visteon
Monday, December 10, 2018 - 2:29pm | 374Auto parts company Visteon Corp (NASDAQ: VC) got a high-profile Wall Street downgrade Monday and may have difficulty living up to consensus expectations over the next several years. The Analyst Goldman Sachs analyst David Tamberrino downgraded Visteon from Neutral to Sell and lowered his price...
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Goldman Sachs Upgrades Ford To Buy, Restructuring Plan Yields Favorable Opportunities
Monday, October 29, 2018 - 9:43am | 367With all eyes on the autonomy programs of General Motors Company (NYSE: GM) and Tesla Inc (NASDAQ: TSLA), Ford Motor Company (NYSE: F) often seems the auto industry’s forgotten child. One investor thinks it's time to show a little appreciation. The Rating Goldman Sachs analyst David...
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Tesla Meets Its Model 3 Production Goal, But Analysts Remain Largely Bearish
Wednesday, October 3, 2018 - 5:23pm | 920Tesla, Inc. (NASDAQ: TSLA), for the first time since Model 3 production began, has met its production goal. The automaker known for its autonomous technology and futuristic vision shared the good news Tuesday after a difficult stretch for the company, but it wasn't enough to move the stock out...
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Goldman Sachs Reinstates Tesla's Sell Rating, Cites Debt Maturity, Looming Competition
Tuesday, September 4, 2018 - 9:21am | 447As Tesla Inc (NASDAQ: TSLA) continues to recover on its now-certain path as a public company, bears are revisiting a long-held concern: an impending surge in electric-vehicle supply. The Analyst Goldman Sachs analyst David Tamberrino reinstated a Sell rating on Tesla with a $210 price target. The...
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Goldman, UBS Remain Tesla Bears Ahead Of Q2 Print, See Capital Raise As Likely
Monday, July 30, 2018 - 12:16pm | 598Tesla Inc (NASDAQ: TSLA) will release its second-quarter financials on Wednesday, and the company’s bearish analysts don’t have high hopes. The Ratings Both UBS analyst Colin Langan and Goldman Sachs analyst David Tamberrino maintained Sell ratings on Tesla with $195 price targets. The...
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Analysts See Limited Upside For Visteon
Saturday, July 21, 2018 - 8:41am | 407Visteon Corp (NASDAQ: VC) was hit with two downgrades recently as sell-side analysts project limited upside for the auto supplier stock. The Analysts Goldman Sachs' David Tamberrino on July 13 downgraded Visteon from Buy to Neutral and lowered the price target ...
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Goldman Sachs: Goodyear Tire Has 20% Downside Potential
Tuesday, July 17, 2018 - 1:08pm | 358Tire companies like Goodyear Tire & Rubber Co (NASDAQ: GT) continue to face multiple headwinds and implies investors should hold a bearish stance on the stock, according to Goldman Sachs. The Analyst David Tamberrino downgraded Goodyear Tire from Neutral to Sell with a price target lowered from...
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Goldman: Tenneco's Federal-Mogul Acquisition Fails To Address Investor Concerns
Friday, April 13, 2018 - 1:04pm | 368Tenneco Inc (NYSE: TEN)'s proposed $5.4-billion acquisition of Icanh Enterprises LP (NASDAQ: IEP)-owned Federal-Mogul is likely to be accretive to its earnings per share, but the deal fails to address two ongoing investor concerns, according to Goldman Sachs. The Analyst Goldman Sachs...
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Tesla's Back In Favor, But Goldman Sachs Is Still Selling
Tuesday, April 10, 2018 - 12:04pm | 357Tesla Inc (NASDAQ: TSLA) has rebounded nearly 20 percent since reporting first-quarter production figures last week. One analyst won’t back the rally. The Rating Goldman Sachs analyst David Tamberrino maintained a Sell rating on Tesla and lowered the price target from $205 to $195. The...
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Goldman Sachs Buckles In As Lear Growth Accelerates, Upgrades To Neutral
Tuesday, January 30, 2018 - 12:34pm | 350Lear Corporation (NYSE: LEA) has consistently beaten earnings estimates and increased its share value 60 percent since Goldman Sachs first assigned a Sell rating in 2016. Now the firm is updating its outlook. The Rating Goldman Sachs’ David Tamberrino upgraded Lear to Neutral and...