NXP Semiconductors Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - NXP Semiconductors (NASDAQ:NXPI)
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Tesla's first quarter results saw an emphasis on next-gen vehicles and artificial intelligence. Analysts size up what this means.
U.S. stocks closed higher on Friday, with the Dow Jones index surging more than 300 points during the session. However, all three indices logged losses last week, with the Dow falling 2.27% to record its worst weekly performance in 2024, while the S&P 500 lost 0.95% during the week.
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.