Morgan Stanley’s Adam Jonas is the latest analyst to raise some concerns with Tesla (TSLA). In a note to clients, Jonas wondered, “Could Tesla lose money (sometime) this year?” In cutting his price target to $320 from $345 (still one of the more bullish targets on the Street), Jonas noted concerns such as continued lag in EV demand despite price cuts, fleet operators like Hertz dumping EVs, and “strong hybrid momentum” peeling away potential EV buyers who are on the fence. Jonas said… Source link
Read More »Target stock jumps 12%, CEO says retailer will get back to growth mode
Target (TGT) is aiming to hit more bull’s-eyes in 2024 after a series of challenges last year. “We’ll be talking about our roadmap for growth, getting Target back to being a growth company, from a comparable sales standpoint, from a traffic standpoint, and from a [market] share standpoint,” Target chairman and CEO Brian Cornell told Yahoo Finance ahead of a closely watched investor day in New York City on Tuesday. Cornell says Target will spend 2024 opening new stores, remodeling existing… Source link
Read More »Retail sales, Target earnings, Biden-Xi talks: What to Watch – Yahoo Finance
[unable to retrieve full-text content]Retail sales, Target earnings, Biden-Xi talks: What to Watch Yahoo Finance Source link
Read More »Amazon earnings: Beats estimates on sales, but misses target for cloud – Yahoo Finance
[unable to retrieve full-text content]Amazon earnings: Beats estimates on sales, but misses target for cloud Yahoo Finance Source link
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