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Truist Securities analyst reiterates Tesla (TSLA) as Hold, lowers price target from $193 to $176. Lowered estimates for deliveries, revenue, & EPS in 2024 & 2025 due to production and demand concerns. Next catalysts: next-gen vehicle unveiling & sale. HSBC analyst also lowers price target.
RBC analyst maintains Outperform rating on TSLA with $298 price target. Q4 saw demand pull-forward and disruptions in Berlin, FSD free trials expected to drive Q2 volumes. HSBC analyst retains Reduced rating and $143 target, citing price cuts and concerns over pre-revenue opportunities.
Porsche is embarking on a transition year with the launch of a range of new models. Here's why it can't rely on the 911 any longer.
Big Tech was the focus of Wednesday's early calls.
Casinos and a luxury car maker were highlighted among the biggest analyst calls Wednesday.