Electric vehicles are expected to grow from 3%-4% of global light vehicle production arena to 25% by 2025, according to Mizuho Securities.
The EV Analyst: Vijay Rakesh initiated coverage of Tesla Inc (NASDAQ: TSLA) with a Buy rating and $775 price target.
In a separate note, the analyst. Read More.
With an oil price forecast of $51 per barrel for 2021 and of $56 per barrel for 2022, Marathon Oil Corporation (NYSE: MRO) is likely to generate around $2.1 billion over the next couple of years, which is enough to take its leverage to less than 1.0x by yearend 2022, according to Mizuho Securities. Read More.