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Max Whittaker / Getty Images Elon Musk tweeted late Monday that he was “excited to work with Silver Lake and Goldman Sachs” in his plan to take Tesla private. Goldman Sachs’ analyst is one of the most bearish Tesla analysts on Wall Street, with a “sell” rating and $ 210 price target — 40% below […]
Scott Olson/Getty Equity strategists at Bank of America Merrill Lynch raised their year-end price target on the S&P 500 to 3,000 from 2,800. “We are watching for signs to temper our enthusiasm on the S&P 500,” they said in a note. Still, they noted that the year right before a market peak is usually one […]
Tesla is unlikely to meet its summer goal to start production of the Model 3, causing one analyst to downgrade the automaker’s stock to “sell.” The Grinch in this particular Christmas Party is Goldman Sachs’ David Tamberrino, which Bloomberg News cited as reducing his recommendation on the stock. Tesla shares fell 4.1 percent on Monday […]
Many (more than most believe) have been quick to jump on 2017’s USD weakness as the beginning of a new USD downtrend. Although we believe this will be the ultimate verdict of 2017, we also believe it is too early. Why? Because it is not supported by interest rates. The Dollar has weakened while interest […]
