Jefferies

Tesla, Inc. (NASDAQ:TSLA) is a little more than a week away from the launch of its widely-touted Cybertruck but analysts have given cold shoulder to the electric pick-up truck. What Happened: Tesla CEO Elon Musk had a deprecating reaction to Jefferies analyst Philippe Houchois’ comments on...

As the Cybertruck launch event fast approaches, an analyst at Jefferies says cancelling the electric pick-up truck could prove to be positive for Tesla shares. The Tesla Analyst: Philippe Houchois maintained a Neutral rating on Tesla and reduced the price target from $250 to $210. The Tesla Thesis...

Shares of Apple, Inc. (NASDAQ:AAPL) fell in Monday’s premarket as investors digested two pieces of information that may have a bearing on the company’s fundamentals. A Bloomberg report said that sales of the latest iteration of Apple’s flagship device, the iPhone 15, have seen a...

After Urban Outfitters, Inc. (NASDAQ: URBN) and Foot Locker Inc (NYSE: FL) reported their earnings last month, Nike Inc (NYSE: NKE) is now gearing up to announce its quarterly results later this week. The latest proprietary survey indicates that U.S. consumers could curtail spending ahead, “...

Shares of Carvana Co (NYSE: CVNA) rallied through July, adding almost 70% over the past month. The company’s “elevated profitability” in the second and third quarters of 2023 has resulted in “overly optimistic” Street expectations, according to Jefferies. The Carvana...

Ford Motor Co. (NYSE:F) shares are moving to the downside Monday after a Jefferies analyst downgraded the stock. The Auto Analyst: Philippe Houchois downgraded Ford from Buy to Hold and reduced the price target from $17 to $15. The analyst maintained General Motors Corp. (NYSE:GM) at Hold with a $...

With less than two weeks to go for Tesla, Inc.'s (NASDAQ:TSLA) earnings report, an analyst raised the price target for the stock. The company reported earlier this month better-than-expected second-quarter deliveries. The Tesla Analyst: Jefferies analyst Philippe Houchois maintained a Hold rating...

Ford Motor Co (NYSE: F) shares are trading higher Tuesday on the heels of an upgrade from Jefferies. What Happened: Jefferies analyst Philippe Houchois upgraded Ford from Hold to Buy and raised the price target from $13 to $16 following the company's investor...

E-commerce platform Etsy Inc (NASDAQ: ETSY) is the latest public company to chime in on the impact of the collapse of SVB Financial (NASDAQ: SIVB). In the case of Etsy, it’s not just the company that's impacted, but its sellers as well. What Happened: “At Etsy, supporting our...

Tesla Inc (NASDAQ: TSLA) shares have started to turn the corner, although the recovery had been bumpy amid worries concerning margins and demand. The Tesla Analyst: Jeffries Analyst Philippe Houchois maintained a Buy rating on Tesla stock but reduced the price target from $...

Shares of Moderna Inc (NASDAQ: MRNA) rallied in premarket trading on Monday. While the COVID-19 story has become old, a new candidate in Moderna’s pipeline is likely to be a catalyst for its stock, according to Jefferies. The Moderna Analyst: Michael Yee upgraded Moderna from Hold to Buy...

Shares of coronavirus vaccine maker Moderna Inc. (NASDAQ: MRNA) were rallying in premarket trading on Monday. What Happened: Jefferies analyst Michael Yee upgraded shares of Moderna from Neutral to Buy and raised the price target from $170 to $275, suggesting 42% upside from current levels....

Stocks face a hard landing as a result of the Federal Reserve's response to inflation. One analyst believes advertising names are going to hit the ground first. What To Know: Jefferies analyst Brent Thill downgraded Snap Inc (NYSE: SNAP), warning of deteriorating ad space. ...

Apple Inc.’s (NASDAQ: AAPL) iPhone 14 sales in China are taking a hit as consumers tighten their purse strings amid economic uncertainties. What Happened: iPhone 14 sales in China, since its launch on Sept, 7 have declined about 33% compared to the sales of iPhone 13 models in a comparable...

United Parcel Service, Inc. (NYSE: UPS) gapped up about 2.5% to start Tuesday’s trading session after printing mixed third-quarter earnings. The news prompted Jefferies analyst Stephanie Moore to initiate coverage on UPS with a Buy rating. Moore announced a price target of $190. UPS reported...